Anthropic is in the room with investors before a September listing — and they keep asking about China
Bankers have been arranging meetings between Anthropic executives and prospective investors ahead of an initial public offering planned for September or October, the Wall Street Journal reported on 12 August. Morgan Stanley, Goldman Sachs and JPMorgan are underwriting. The company filed confidentially on 1 June at a valuation of around $965 billion, which would make it the largest flotation ever attempted. The meetings have not been a formality. Investors have pressed the leadership on the popularity of much cheaper Chinese models, on the company's frayed relations with the Trump administration, on local opposition to new data centres, and on the sheer scale of its spending. Dario Amodei and other executives have answered the China question by arguing that most customers want the smartest system available, and that Chinese models trail the frontier by at least a few months.
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