According to Bloomberg, Anthropic has chosen JPMorgan Chase to lead U.S. sales of shares to individual investors in its potentially record-setting IPO. The company has weighed a retail offering of about 15% to 20% of the IPO shares, with JPMorgan CEO Jamie Dimon expected to take part and Citigroup coordinating the international retail offering. Investors have told bankers their fair valuation estimate has shifted to around 1.4 to 1.5 trillion USD, though a valuation closer to 1.75 trillion USD is potentially achievable, and details remain under deliberation. JPMorgan previously led the effort to gather retail orders for SpaceX's 86.2 billion USD IPO, which drew more than 100 billion USD of demand from individual investors.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Anthropic Said to Pick JPMorgan to Lead IPO’s US Retail Offering
Read the original on Yahoo Finance ↗
Keywords
AnthropicIPOJPMartificial intelligenceJamie Dimon
Open a keyword to see other news on the same topic.
Related tickers and likely impact
JPM
▲ Likely positiveJPMorgan Chase
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $894.6B |
| Close on 10/27/2026 | 335.79 |
| Change that session | +0.52% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Anthropic taps JPMorgan to lead IPO’s U.S. retail sales, Bloomberg reports
Anthropic has selected JPMorgan Chase to lead U.S. retail share sales in its potentially record-setting IPO, according to Bloomberg, citing people familiar with the matter. The company is considering allocating about 15% to 20% of IPO shares to retail investors, though talks are ongoing and the proportion could change. JPMorgan CEO Jamie Dimon is expected to join the bank's retail outreach, while Citigroup will coordinate the international retail offering across Australia, Canada, Japan, Britain, Switzerland and some European Economic Area countries. JPMorgan is also leading retail outreach for SpaceX's $86.2 billion IPO, which drew over $100 billion in individual investor demand. Anthropic filed publicly on Monday with Goldman Sachs and Morgan Stanley leading, and investors have indicated a valuation of $1.4 trillion to $1.5 trillion, with $1.75 trillion possible.
- Jamie Dimon finally retiring? He isn't showing it with his work on the SpaceX and Anthropic IPOs
Anthropic has chosen JPMorgan to lead US sales of shares to individual investors, according to Bloomberg, with CEO Jamie Dimon expected to take part in efforts to pitch the Anthropic story to average investors. JPMorgan had earlier compiled retail orders for the SpaceX (SPCX) IPO in June, and Dimon played a prominent role in the lead-up, holding a wide-ranging conversation with Elon Musk about SpaceX, Starlink and AI. Dimon, the longest-serving big bank CEO with more than 20 years in the job, has drawn retirement speculation for years. In June, the bank named Doug Petno and Troy Rohrbaugh co-presidents, and Marianne Lake announced her retirement. Dimon said the timing of succession is completely up to the board.
- Jamie Dimon slammed crypto. JPMorgan quietly built JPM Coin.
JPMorgan is expanding its dollar deposit token, JPM Coin, to Ethereum to reach a wider range of institutional clients. Based on reporting of JPMorgan’s statement, the token supports peer-to-peer transfers across EVM networks, including Base and Ethereum. JPM Coin was first used on JPMorgan’s private blockchain to test settling tokenized deposits, and it moved to Base, an Ethereum layer, last year. The host notes that Jamie Dimon, an outspoken crypto critic who has softened somewhat on stablecoins and tokenization, is now putting the bank’s product on public networks. The host sees this as a bullish trend and a possible sign of a hybrid model combining private and public networks.
- Jamie Dimon Just Listed 5 Market Risks Hiding 'Under the Surface.' JPMorgan Is Already Feeling The Heat.
Jamie Dimon warned of rising economic and geopolitical risks as JPMorgan missed earnings expectations, faced bond losses, and saw expenses grow faster than revenue, although the bank remains highly profitable.
- As borrowing costs spike, Jamie Dimon asks corporate America: 'Are you prepared?' You should ask yourself the same thing
JPMorgan CEO Jamie Dimon warned that rising borrowing costs in 2026 mean many companies may not be ready, especially when they must refinance or borrow and face higher credit spreads. He argues that tech firms borrowing heavily to build AI data center infrastructure are competing with the U.S. Treasury for funds, pushing rates higher for households with mortgages, car loans and credit cards. The Joint Economic Committee reported that national debt hit a record $40.25 trillion at the start of October. Citing Bloomberg, JPMorgan strategists found deeply distressed loans rose 62.5%, from $40 billion in 2025 to $65 billion in the third quarter, the highest since March 2020. Freddie Mac data showed the 30-year fixed mortgage averaging 7.40% and the 15-year at 6.73% as of October 8, 2026, and the article urges readers to review and pay down their debts early.
- JPMorgan Chase CEO Jamie Dimon Warns That Inflation, Rising Asset Prices, and More "Continue to Shift Under the Surface."
JPMorgan Chase's third-quarter earnings per share were $5.57, below the $5.93 Wall Street expected, while revenue rose 8% to $50.17 billion against a forecast of $51.23 billion. Commercial and investment banking revenue grew 14% year over year but fell 8% from the previous quarter, and the stock has dropped 10% over the past few weeks. CEO Jamie Dimon said the bank is enjoying strong market activity but does not know when it will stop. He listed large fiscal deficits, sticky inflation, elevated asset prices, rising interest rates and geopolitical conditions as forces that 'continue to shift under the surface,' saying they may be manageable but the bank remains prepared for a wide range of outcomes. The article notes U.S. debt has reached $40.25 trillion.
Related markets
Latest news
- Vertiv stock surges as orders double amid AI build-out: 'Evolving faster than ever'
Vertiv (VRT) shares jumped 15% in premarket trading as the data center power and cooling maker benefits from heavy capital spending by Google (GOOG) and Microsoft (MSFT). The company said its orders doubled year over year as AI fuels demand for its infrastructure, and it counts Alphabet, Microsoft, Nvidia and Amazon among its customers. Vertiv raised its 2026 outlook to net sales of $14.45-14.85 billion, up from $13.8-14.2 billion, and adjusted diluted EPS of $7.10-7.20, representing earnings growth of 69%-71%. In the third quarter, net sales reached $4.31 billion versus Wall Street's expectations of $3.76 billion, and adjusted diluted EPS of $2.21 rose 78%, beating estimates of $1.82.
- Moody's Rates Ripple's $2.6B RLUSD Stablecoin A2, a Day After OCC Bank Approval
Moody's assigned A2 long-term and P-1 short-term deposit ratings to Ripple USD (RLUSD), the dollar-backed stablecoin issued by Ripple subsidiary Standard Custody & Trust Company, citing reserves held mainly in short-term U.S. government assets and cash, with a 103% coverage target. Moody's noted that Standard Custody is not bankruptcy-remote and RLUSD holders have no direct ownership interest in the reserves, although the GENIUS Act, due to take effect in 2027, will exclude required reserves from an issuer's bankruptcy estate. The rating was requested by the issuer and came a day after final OCC approval for Ripple National Trust Bank, which will manage the reserves. Launched in 2024 with a market capitalization of about $2.6 billion, RLUSD is still a small share of a stablecoin market worth some $300 billion, and Ripple is pitching it to institutions.
- Morning Minute: Robinhood Misses, But Crypto Beats and Robinhood Chain Soars
Robinhood posted record revenue of $1.42 billion and EPS of $0.51, both slightly below expectations, while crypto revenue of $120 million beat forecasts, rising 20% from the prior quarter though still 55% below a year earlier. Trading volume reached $50 billion, while event contracts revenue rose to $173 million on a record 16.4 billion contracts traded. Robinhood Chain, launched July 1, generated more 30-day rolling fees than Ethereum or Base by late August, prompting management to say it will ramp up investment, and leading tokens in its ecosystem rose 20-50%. Across the market, major cryptocurrencies gained 2-4% ahead of the FOMC meeting with BTC at $81.3k, while bitcoin ETFs drew $176 million in net inflows.
- Morning Minute: Robinhood Misses, But Crypto Beats and Robinhood Chain Soars
Robinhood posted record revenue of $1.42 billion and EPS of $0.51, both slightly below expectations, while crypto revenue of $120 million beat forecasts, rising 20% from the prior quarter though still 55% below a year earlier. Trading volume reached $50 billion, while event contracts revenue rose to $173 million on a record 16.4 billion contracts traded. Robinhood Chain, launched July 1, generated more 30-day rolling fees than Ethereum or Base by late August, prompting management to say it will ramp up investment, and leading tokens in its ecosystem rose 20-50%. Across the market, major cryptocurrencies gained 2-4% ahead of the FOMC meeting with BTC at $81.3k, while bitcoin ETFs drew $176 million in net inflows.
- Foreign Investors Keep Selling FPT Shares, Still Holding Over 455 Million Shares
Foreign investors have net sold FPT for 8 straight sessions through October 28, dumping nearly 211 million shares worth 16,500 billion VND year to date, and still hold over 455 million shares. Foreign ownership has fallen below 27%, the lowest in years, leaving a record foreign room gap of over 22%. The stock closed at 54,000 VND, half its early-2025 peak, with market capitalization of about 100,000 billion VND. In the first 9 months of 2026, FPT reported revenue of 40,023 billion VND (up 12.4%) and pre-tax profit of 8,770 billion VND (up 17%), with the Technology segment contributing 89% of revenue and 58% of pre-tax profit. Overseas IT services revenue reached 28,538 billion VND (up 11.6%), and new contract bookings rose 23.1% to 36,137 billion VND.
- How Anthropic's IPO structure could become the AI blueprint
Alex Morris, CEO and CIO of F/m Investments, discussed with Yahoo Finance's Brooke DiPalma what Anthropic's IPO could mean for the broader AI landscape. He said the company's revenue is not where a multi-trillion-dollar company would be expected, but it is selling a promise of the future, and its filing discusses potential existential risks to humanity. Wall Street will focus on the new governance structure, in which seven people would have power to largely control and appoint the board of trustees, a setup he called novel despite Google's different voting rights. He also flagged financing risk, more for Nvidia than Meta, as Meta announced a $100 billion share sale to fund AI. He said Anthropic is very likely to be substantially oversubscribed.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.