Anthropic meets investors to shore up confidence ahead of planned September IPO- WSJ

Anthropic is holding meetings with potential investors to build confidence ahead of what could become the largest initial public offering in history, the Wall Street Journal reported on Monday.

Anthropic is planning a public debut in September or early October, the WSJ report said. Its main competitor, OpenAI, is now expected to complete an IPO that could occur as late as next year.

Investors have questioned Anthropic executives about these issues in pre-IPO meetings in recent weeks, asking how they might affect the company’s growth, the WSJ reported, citing people familiar with the discussions. The conversations show the uncertainty around which companies will lead in AI and the financial strength of businesses in this sector.

The $965 billion artificial intelligence company faces several challenges that have prompted investors to examine its business more closely. These include the recent rise of lower-cost AI systems from China, tensions with the Trump administration, and growing opposition to data center construction across the United States.

Company executives have minimized concerns about Chinese competition in meetings, telling investors that Anthropic focuses on providing advanced AI models, the WSJ report said. Chief Executive Dario Amodei and other top U.S. AI leaders have stated publicly that most users prefer the most intelligent AI systems available, suggesting that Chinese systems pose less of a threat since their capabilities typically lag behind top AI models by at least several months.