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Related tickers and likely impact
MSFT
• NeutralMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $4.0T |
| Close on 10/19/2026 | 533.52 |
| Change that session | +0.84% |
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/19/2026 | 217.09 |
| Change that session | +1.38% |
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Related news
- Anthropic sets aside 5% stake for public benefit fund ahead of November IPO
Ahead of its planned November IPO, Anthropic will put a 5% equity stake into a new public benefit fund, worth at least $50 billion and possibly near $100 billion at a $2 trillion valuation. The company will also add 2% more equity to the fund for every 50% rise in valuation, so public buyers would keep a smaller share of gains. The fund is a company-controlled LLC that cannot lobby or make political donations, but the board decides where the money goes and how much is donated, giving public shareholders little say in governance. Critics, including Elon Musk and David Sacks, argue the money should be given away directly, while the article links the timing to public backlash against AI.
- Anthropic is giving away 5% of the company. Why is everyone mad?
Anthropic has pledged 5% of its company to the public, roughly $100 billion at its rumoured IPO valuation, which the host describes as the largest philanthropic capital raise ever. The shares would go to NGOs, charities and certain populations chosen by Anthropic rather than directly to the public, a lack of clarity that fuels criticism. A deeper concern is that AI could wipe out 50% of white-collar jobs within one to five years, as Dario Modi has said, raising questions about how people would earn a living and whether universal basic income would be needed. The episode compares this with earlier ideas, including Sam Altman's American Equity Fund and OpenAI's nonprofit restructuring, and suggests such moves may be hard to stop.
- Eric Schmidt Wrote a Check to Anthropic Before the AI Boom: Here’s How Big the Payoff Could Get
Former Google CEO Eric Schmidt reportedly holds about 1% of Anthropic PBC through an early investment, which could make him one of the largest individual winners from the AI company’s upcoming public listing. According to Bloomberg, he put “tens of millions of dollars” into Anthropic’s Series A round in 2021, when the company was valued at $461 million, and it is unclear whether he has sold any of his stake. Investors indicated a fair valuation of $1.8 trillion to $2 trillion; at $2 trillion, Schmidt’s net worth could rise by about one-third to nearly $80 billion. Alphabet owns about 14% of Anthropic, and the company told investors that third-quarter revenue rose 45% from the previous quarter to $16.8 billion and that it was profitable on an adjusted basis. Anthropic has not formally announced an IPO date, though an early investor expects a listing in “weeks, not months.”
- OpenAI seeks to accelerate fundraising ahead of Anthropic IPO , sources say
OpenAI is racing to secure investor commitments for a round of about US$30 billion that could value it above US$1.4 trillion, ahead of rival Anthropic's expected public debut in mid-November, according to two people familiar with the matter. SoftBank, MGX and other existing backers are in talks to join, and some investors see the move as a way to lock in capital that might otherwise go to Anthropic's IPO, since the two labs tap a similar investor base. OpenAI says its annualised revenue reached US$50 billion and expects US$70 billion by end-2026, while Anthropic's annualised revenue was roughly US$65 billion by July and its third-quarter revenue hit US$16.8 billion. After Anthropic's third-quarter results fell short of expectations, some existing and prospective investors reportedly argued for a valuation closer to US$1.5 trillion instead of US$2 trillion. OpenAI was last valued at US$852 billion in March, and several companies preparing to go public have reportedly delayed their plans until after Anthropic's IPO.
- Anthropic Reportedly Posted Quarterly Revenue Growth of 50% and Was Cash-Flow Positive. Here's Why It Might Not Be Enough to Impress Investors Before the Company's Massive IPO
Anthropic reportedly told investors at a private day that its revenue reached $16.8 billion for the three months ended Sept. 30, up 50% quarter over quarter, and that it was cash-flow positive and adjusted-profitable. That growth is slower than the 140% gain seen between the first and second quarters, and Jefferies had reportedly expected an annual revenue run rate of at least $80 billion. The company has delayed its IPO registration statement twice amid AI safety concerns and very heavy infrastructure spending. A Saxo Markets strategist says a valuation above $2 trillion would be about 30 times annualized Q3 revenue, making valuation the main debate. The article argues investors are now asking tougher questions about funding, cost of capital and returns, so these results may not impress them much.
- Eric Schmidt’s 1% Anthropic stake sets up massive windfall ahead of IPO -Bloomberg
Former Google CEO Eric Schmidt holds about 1% of Anthropic after investing tens of millions of dollars in its Series A round, and is poised to reap one of the largest individual windfalls from the AI startup's upcoming IPO. According to PitchBook data cited by Bloomberg, Anthropic was valued at $461 million when Schmidt invested in 2021, while prospective public valuations of $1.8 trillion to $2 trillion would be more than 4,300 times that Series A baseline. At the upper end of that range, his stake could lift his net worth by roughly one-third to nearly $80 billion. Anthropic is expected to begin formal marketing for its IPO as early as the week of Nov. 9, and aims to match or surpass SpaceX's record $1.77 trillion IPO completed in June.
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