Morgan Stanley Poised to Lead Anthropic IPO, Valuation Could Exceed $2 Trillion
Anthropic, an AI unicorn, is set to launch the largest IPO in Wall Street history. The battle among leading investment banks for underwriting roles has reached its climax, with Morgan Stanley in a favorable position to secure the 'lead left' underwriter seat. Goldman Sachs is expected to act as stabilization agent.
Anthropic's valuation could exceed $2 trillion, surpassing SpaceX and becoming the largest IPO in history. However, the company's annualized revenue of $65 billion falls short of aggressive expectations, and competition from OpenAI presents further challenges to its high valuation.
JPMorgan, Citi, and Barclays are also expected to obtain significant positions in the deal. The market anticipates that Anthropic's listing will serve as a key indicator of the current market's appetite for high-growth AI companies.