Anthropic delays IPO to November, WSJ reports

Anthropic has delayed its initial public offering to November, pushing back an expected October timeline, according to The Wall Street Journal. The shift comes amid industrywide calls for a slower AI development pace. The revised schedule allows the AI startup to present third-quarter financial results after OpenAI's September release of its Astra model. CEO Dario Amodei publicly warned about safety risks, with OpenAI's Sam Altman and xAI's Elon Musk echoing his concerns, though sources say the timing change was decided before that debate. The IPO could value Anthropic at roughly $2 trillion and raise up to $100 billion, surpassing SpaceX's record debut. Bankers plan to address how a moderated rollout might affect valuation, while early backers project $110 billion in annualized revenue by year-end.