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Anthropic confidentially files for initial public offering on US stock market (www.theguardian.com)
submitted 5 months ago by to c/technology@lemmy.world
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[–] 11 points 5 months ago (7 children)

Why do all these headlines say that a company "confidently" files for an IPO? I'm assuming it's just AI, but man is that tired and confusing.

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  • [–] 26 points 5 months ago (5 children)

    Confidentially. I read confidently at first too.

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  • [–] 12 points 5 months ago (2 children)

    So they confidentially go public. Makes sense lol

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  • [–] 3 points 5 months ago*

    It does, actually. From the article:

    Anthropic’s confidential filing will give regulators a period to look over the company’s financial disclosures before the AI firm’s investor prospectus becomes public. Filing confidentially has become common for major firms, with SpaceX approaching its IPO in the same manner. […] “This gives us the option to go public after the SEC completes its review. The proposed initial public offering will depend on market conditions and other factors,” Anthropic said.

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  • [–] 2 points 5 months ago (1 child)

    OK, but same question

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  • [–] 0 points 5 months ago

    From my limited understanding this info will eventually become public as you imply but Anthropic must feel keeping this info private for now is in their benefit.

    I fully suspect it would hurt their image and IPO and that’s why they are hiding it for now. To get as large of IPO as possible.

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