Anthropic Names JPMorgan to Lead Retail IPO Offering

Anthropic has selected JPMorgan to lead the US retail portion of its IPO, potentially setting a new record.

Anthropic, the company behind the AI model Claude, has chosen JPMorgan Chase & Co. to lead the sale of shares to individual investors in its upcoming initial public offering. This decision comes as the firm plans to allocate between 15% and 20% of its IPO shares to the retail market. The selection of JPMorgan underscores the bank's growing role in tech IPOs and its influence in shaping investor access. Jamie Dimon, JPMorgan's CEO, is expected to be actively involved in the campaign, highlighting the bank's commitment to the offering. The move is seen as a strategic step in ensuring broad market participation and investor confidence.