Anthropic, the company behind the AI technology Claude, is in talks with New York City Comptroller Mark Levine after he urged a delay in the company’s upcoming IPO due to concerns over AI safety, governance, and development speed. The confidentially filed IPO reportedly aims for a valuation as high as $2 trillion, but the full prospectus has yet to be released. New York City pension funds have an existing $7 million exposure to Anthropic, which could expand if the company enters major equity indexes post-IPO. This situation appears to have led to a decrease in market confidence regarding the IPO timeline and valuation targets.
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