Anthropic is also preparing for an IPO—planning to raise over $60 billion to develop artificial intelligence.

Three AI startups plan to “eat” the stock market IPO sector this year

According to recent Bloomberg reports, three major artificial intelligence companies will appear on the exchange in 2024: OpenAI, Anthropic and xAI (part of SpaceX). The main interest in them is not only their technology but also the potential for capital attraction.

Bloomberg relies on “well‑informed sources.” Major investment banks – Goldman Sachs, JPMorgan Chase and Morgan Stanley – will support the deal.

What is known about Anthropic
* Funding

In February the company raised about $30 billion in a private round. The main investor is MGX from Abu Dhabi, valuing the startup at $380 billion.

* Business model

Anthropic is considered “cleaner” than OpenAI: it focuses on monetization through corporate services and avoids controversial funding schemes with vague commitments.

* IPO plans

According to *The Information*, discussions of terms are already underway. The company intends to invest $50 billion in building AI data centers in the United States.

Obstacles
The main barrier remains a legal dispute with the Pentagon. In January the Pentagon placed Anthropic on a “blacklist” due to protests by leadership against using AI for mass surveillance and autonomous weaponry without human involvement. Although a court ruled that decision unlawful, U.S. authorities may continue pursuing the startup. The lack of government contracts will negatively affect Anthropic’s financial prospects and complicate investor attraction.

Thus, this year three AI startups aim to make a big leap in the equity market, but Anthropic faces serious legal and reputational risks that could impact the success of its IPO.