Business & Finance
Anthropic IPO’s Moment of Truth Nears as Waiting Period Expires
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Anthropic IPO’s Moment of Truth Nears as Waiting Period Expires Anthropic PBC can begin formally marketing its much-anticipated IPO as early as Tuesday, enabling it make the case to investors that now is the right time to go public despite last week’s swoon in artificial intelligence-related stocks. The gyrations of the past week briefly sent the Cboe Volatility Index, known as the fear gauge, above 25. That’s a zone in which companies typically postpone their IPOs, said Matt Kennedy, senior...
Anthropic IPO’s Moment of Truth Nears as Waiting Period Expires
Anthropic PBC can begin formally marketing its much-anticipated IPO as early as Tuesday, enabling it make the case to investors that now is the right time to go public despite last week’s swoon in artificial intelligence-related stocks.
The gyrations of the past week briefly sent the Cboe Volatility Index, known as the fear gauge, above 25. That’s a zone in which companies typically postpone their IPOs, said Matt Kennedy, senior strategist at IPO research firm Renaissance Capital.