Many start-ups plan to follow in Anthropic’s footsteps and prepare to go public
Public funds and other large institutional investors planning to participate in Anthropic's initial public offering will meet with the AI company in the coming days. In addition to the two major issues of Anthropic's computing power guarantee plan and the rise of China's AI models, institutions will most likely focus on asking about the details of the IPO structure, including the timetable for shareholders to lift the ban on selling stocks. Corey exclusively broke the news today that Anthropic may break out of the traditional IPO routine. The company is considering restricting not only executives, but stock sales by ordinary employees must also strictly follow a fixed trading schedule. Not only investment institutions are paying close attention to Anthropic's listing trends; a number of start-ups are also keeping an eye on this IPO that may be launched as early as September to plan their own listing timetable. No company is willing to compete with Anthropic for market capital attention. However, if Anthropic performs well in its IPO, it is expected to trigger a wave of technology start-ups to go public. These include companies that are riding the boom in AI demand from government and enterprises, and many companies claim that their performance will not be affected by the market fluctuations brought about by AI. Kevin and I reported today that AlphaSense, a corporate intelligence tools company backed by a number of large hedge funds and banks, has hired advisers and plans to move forward with an IPO in the coming months. The implementation of new AI features has led to a significant increase in AlphaSense's performance, and the company is expected to attract secondary market investors. Previous reports showed that its annual recurring revenue surged 40% over the past year to $700 million. If the company can maintain its growth momentum and achieve profitability, it may dispel investors' long-standing concerns: OpenAI and Anthropic will squeeze the living space of AI tools in vertical fields such as finance and law. According to the latest updated technology IPO tracking list of this publication, there are still many companies hoping to take advantage of the industry dividends of Anthropic's listing to enter the capital market. Some companies have secretly submitted listing applications to the U.S. Securities and Exchange Commission (SEC), but the process has been postponed due to the violent market fluctuations in the first half of this year. Typical representatives include the chat software Discord (submitted secretly in December last year) and the sports and fitness platform Strava. Both companies can demonstrate to the market that their C-side consumer business is different from software companies and will not be replaced by AI. There are also many companies that are steadily advancing preparations for listing, but have not yet disclosed their filing actions. "Information Network" previously reported that the design platform Canva is preparing to go public in 2027; people familiar with the matter revealed that the e-commerce service provider Faire hired an IPO consulting agency and also contacted a law firm to sort out listing compliance matters. A list of key companies that are expected to go public as early as next year: Ramp, a corporate credit card and expense management service provider valued at US$44 billion; Vercel, a website hosting and application development platform valued at US$9.3 billion in September last year; Vast Data, a data storage company invested by Nvidia and reported in depth by this magazine last year. The prediction trading platform Kalshi has also started informal communication with investment banks about listing, but there is a high probability that it will not be listed until the end of next year or even 2028. There are also a number of hardware AI track companies that are expected to take over the capital heat, represented by Verkada, a security camera and supporting software manufacturer. The company recently received investment from Nvidia; earlier this month, CEO Philip Kalishian revealed to his colleague Phoebe that the company's annual growth rate has stabilized at 30%, and it has now contacted investment banks to evaluate the feasibility of an IPO.