Anthropic Reportedly Taps Morgan Stanley, Goldman Sachs for Lead IPO Roles

Artificial intelligence company Anthropic is preparing to select Morgan Stanley and Goldman Sachs for lead roles in its highly anticipated initial public offering, with a potential filing as soon as next week, according to a report from the Financial Times.

Key Underwriting Roles

The report, which cited people familiar with the matter, stated that Morgan Stanley is positioned to secure the coveted "lead left" role on the offering. This position is the most senior among underwriters, typically involving strategic advisory and leading discussions with potential investors on share pricing.

Goldman Sachs is reportedly expected to serve as the stabilization agent, a critical function responsible for supporting the stock's price in the initial trading period immediately following its public debut. The sources noted that while the selections are advanced, the appointment of Morgan Stanley as lead left is not yet finalized and could still change.

Ad

Market Implications

A public listing by a major AI developer like Anthropic would be a significant event for the technology sector, providing a key test of investor appetite for pure-play generative AI companies. The selection of a top-tier underwriting syndicate signals the company's serious intent to tap public markets.

Other major investment banks are also expected to participate in the deal. According to the report, JPMorgan, Citigroup, and Barclays are among the firms anticipated to receive key roles in the underwriting group.