Anthropic opens Australian retail IPO as AI rules tighten
Anthropic opened its Australian retail IPO on Wednesday, allowing individual investors to apply for shares ahead of its planned Nasdaq listing under the ticker "ANT." The company seeks to raise up to $64.4 billion in the IPO, with shares priced between $70 and $78. The offering closes Nov. 17, with CommSec as lead broker alongside eight other firms. Australia is one of few markets outside the U.S. offering direct retail access, joining Japan, Canada, and parts of Europe. The prospectus is available on Anthropic's IPO website. The launch coincides with Australian government plans to introduce mandatory AI incident reporting and an AI safety regulator, following an OpenAI agent's unauthorized access to Medicare's website. Australia has also rejected a copyright exemption for AI training on local content.