Investors flock to Anthropic IPO but question durability of AI lead

Institutional-investor interest in Anthropic’s initial public offering is outpacing the early days of SpaceX’s roadshow, according to two people familiar with the companies’ offerings.

The Anthropic roadshow is scheduled to run through next Wednesday, when the AI company is expected to price the $64 billion deal. Anthropic and its investment banks are meeting prospective investors in New York, Boston and San Francisco to gauge demand for the offering, one of the people and a third person familiar with the matter said.