• boaratio@lemmy.world
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    1 day ago

    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.

        • ID10T@programming.dev
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          10 hours 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.

        • MacAttak8@lemmy.world
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          19 hours 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.