Anthropic Picks Nasdaq: The IPO Wall Street Has Been Waiting For
Wall Street, reading the room, is pricing Anthropic's IPO as though the slowdown call was never made.
Anthropic Picks Nasdaq: The IPO Wall Street Has Been Waiting For
Anthropic has selected the Nasdaq as the exchange for its long-anticipated initial public offering, according to reporting from Yahoo Finance, a decision that positions the Claude-maker alongside Microsoft-backed OpenAI in what is rapidly becoming the most consequential capital race in the history of artificial intelligence.
The listing choice arrives at a peculiar moment. Dario Amodei, Anthropic's chief executive, has joined OpenAI's Sam Altman and SpaceX's Elon Musk in publicly calling for a slowdown in AI development — a position that sits uneasily beside a Nasdaq debut that will almost certainly value the company in the hundreds of billions of dollars. You do not ring the opening bell and simultaneously ask the room to calm down.
President Donald Trump, for his part, dismissed AI risk warnings as the work of "negative forces" raising fears about "things that won't happen," framing caution as weakness against China. Wall Street, reading the room, is pricing Anthropic's IPO as though the slowdown call was never made.
The Federal Reserve's policy meeting this week adds a layer of market anxiety. Rate uncertainty has historically complicated major tech listings, and Anthropic's bankers will be watching the Fed's tone as carefully as any trader. One number to hold: Anthropic was last privately valued at $61.5 billion. The Nasdaq will decide what that optimism is actually worth.
The door is opening. The ask is to walk through it slowly.