The feds seized a stake in Anthropic from Sam Bankman-Fried's friends. What happened to the shares?
Sam Bankman-Fried's Anthropic stake was liquidated in bankruptcy court two years ago. His friends' shares went down a different path.
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Sam Bankman-Fried's Anthropic stake was liquidated in bankruptcy court two years ago. His friends' shares went down a different path.
Anthropic filed yesterday for what could be the biggest IPO ever, capping a massive day of AI dealmaking that nearly equals 1% of U.S. GDP.Why it matters: Few industries have ever become so central to the American economy so quickly — and we're watching Wall Street finance the buildout in real time.Driving the news: Anthropic's long-awaited IPO may seek to raise a record $100 billion.Also yesterday, SpaceX secured $40 billion in debt financing to lease GPUs — the chips that power modern AI — and Meta said it would seek up to $95 billion in financing for its AI buildout.Together, that's roughly $235 billion in a single day — more than the entire U.S. airline industry adds to the economy in a year.The big picture: AI's appetite for capital has outgrown what any one single part of the financial system can supply.Anthropic alone has committed roughly $750 billion to computing power in the coming years — about seven times what its record-setting IPO may raise.Even private investors are struggling to keep up: OpenAI's record $120 billion funding round took months to close.Zoom in: Most Americans will be financially exposed to these deals, even if they never buy a share.SpaceX and Meta are already major holdings in the top stock indices that fill pensions, 401(k)s and other retirement plans.
Anthropic will soon join them.Between the lines: Anthropic's filing spells out how big the stakes are, devoting more than a quarter of the document to risks.The company warns that AI could pose "catastrophic or existential risks to humanity" and that models may try to manipulate the people using them.Zoom out: Each of these three deals is a bet that AI use keeps compounding fast enough to justify the industry's trillions in spending.The flip side, however, is that declining use could crack the foundation of America's entire economy.The bottom line: Everyone is on the AI train, whether we want to be or not.
Korean stocks rebounded Tuesday, led by gains in the country’s semiconductor heavyweights, as news of U.S. artificial intelligence (AI) company Anthropic’s planned blockbuster initial public offering (IPO) revived investor appetite after a recent pullback. The benchmark KOSPI opened at 5,658.65, up 3.46 percent from the previous close, according to the Korea Exchange.
A buy-sidecar was triggered early in the session at 10:13 a.m., temporarily suspending program buy orders for five minutes after the market’s surge breached the volatility threshold. The index remained in positive territory throughout the session, closing at 5,638.34, up 3.09 percent. Foreign investors and institutions were net buyers of 835.9 billion won ($631.05 million) and 418.5 billion won, respectively, while retail investors sold a net 1. 4 trillion won.
The rebound followed reports that Anthropic, the developer behind the Claude AI chatbot, had filed a registration statement with the U.S. Securities and Exchange Commission for a proposed IPO. The AI giant is seeking to raise as much as $100 billion, which woul
Artificial intelligence giant Anthropic has unveiled the details of its plans to go public, while warning that it might wipe out humanity and post losses in the billions.
Korean stocks traded higher late Tuesday morning, led by gains in technology shares, as renewed optimism over artificial intelligence (AI) and falling oil prices boosted risk appetite. After opening 3.46 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) extended its earlier gains to trade up 213.1 points, or 3.9 percent, to 5,682.6 as of 11:20 a.m.
Amid a rally driven by foreign buying, the Korea Exchange activated a buy-side sidecar at 10:13 a.m., suspending buy orders in program trading for KOSPI-listed shares for five minutes. The measure is triggered when KOSPI 200 futures rise at least 5 percent and remain at that level for one minute or longer.
Overnight, the Dow Jones Industrial Average gained 0.28 percent, while the S&P 500 advanced 0.7 percent and the tech-heavy Nasdaq Composite climbed 0.82 percent. Investor sentiment improved after AI startup Anthropic disclosed strong revenue growth in its U.S. initial public offering (IPO) filing, reigniting enthusiasm for AI-related stocks ahead of major tech earnings and the Federal Reserve's interest rate decision.
Oil
Korean stocks opened higher Tuesday, tracking overnight gains on Wall Street, as renewed optimism over artificial intelligence (AI) and easing oil prices lifted investor sentiment. The benchmark Korea Composite Stock Price Index (KOSPI) rose 189.18 points, or 3.46 percent, to 5,658.65 as of 9:15 a.m.
Overnight, the Dow Jones Industrial Average gained 0.28 percent, while the S&P 500 advanced 0.7 percent and the tech-heavy Nasdaq Composite climbed 0.82 percent. Investor sentiment improved after AI startup Anthropic disclosed strong revenue growth in its U.S. initial public offering (IPO) filing, reigniting enthusiasm for AI-related stocks ahead of major tech earnings and the Federal Reserve's interest rate decision.
Oil prices also retreated on hopes of easing tensions in the Middle East, following reports of Qatari mediation efforts involving Iran and the United States. KOSPI heavyweights rose across the board. Market bellwether Samsung Electronics gained 4.69 percent, and chip giant SK hynix increased 7.14 percent.
SK Square, the parent firm of SK hynix, jumped 10.4 percent, and Samsung Ele
Anthropic has the chance to make history with what could be the biggest initial public offering of stock ever
The AI giant behind Claude has filed its plans to float on the share market. Wall Street has rallied, led by tech stocks. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The US government sold $627 million in Anthropic shares after seizing them from Sam Bankman-Fried's friends. Its windfall could have been even bigger.
Market debut of AI company behind Claude chatbot will be one of largest in US history, a test of the AI boom’s financial viabilityAnthropic has publicly filed for a stock market listing in what is slated to be one of the largest debuts in history.
The company’s float on the US market will serve as a test of the financial viability of the multitrillion-dollar AI boom.Analysts and investors have valued the San Francisco-based company, founded in 2021, at more than $1.5tn. The company, which will will list under the symbol ANT, confidentially filed with US financial regulators for an initial public offering in June.
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US stocks are climbing as investors digest Anthropic’s filing for its initial public offering and look forward to key big tech earnings this week.
Anthropic has filed paperwork for an initial public offering that could be one of the biggest in history. The company has yet to turn a profit.
SAN FRANCISCO — Artificial intelligence giant Anthropic filed papers Monday for what could be the biggest initial public offering of stock ever even as its top executive warns that advanced AI could pose an existential threat to humanity. The filing sets up the San Francisco company for a Wall Street debut next month, potentially eclipsing the SpaceX initial public offering in June that raised a record $86 billion.
An Anthropic IPO would also put the company ahead of OpenAI in going public in what is expected to be a pair of blockbuster stock debuts for the rival AI labs. The filing comes weeks after CEO Dario Amodei argued in an essay for slowing the development of the most advanced AI models.
An IPO could provide Anthropic with enormous resources to accelerate its expansion. The amount the company ultimately raises remains uncertain, as do its final valuation and offering price, but even at lower estimates, it would turn the five-year-old startup into one of the world’s most valuable companies and potentially boost the wealth of Amodei and his sister and co-founder, Daniela, by b
The company behind Claude could be floated on the Nasdaq as soon as next month, despite making a $114 billion loss in the first half of 2026.
The AI company, which makes the popular Claude chatbot, has filed for an initial public offering that could be one of the biggest ever.
Anthropic’s planned listing could be the biggest stock market debut in history
Anthropic sits atop a pyramid of business partners and suppliers, making it a barometer of the broader economy. Its initial public offering will have widespread implications.