Anthropic's IPO Is Coming. Here's What That Means for S&P 500 Investors.

Key Points Anthropic is planning to go public before the end of October. Its IPO will test the depth of market demand for exposure to AI, which has been quite high for some time now. Most IPOs trade at significantly under their listing price within a few years. These 10 stocks could mint the next wave of millionaires › Anthropic's initial public offering (IPO), expected no earlier than mid-October, will be a test of just how hungry the financial markets still are for exposure to artificial intelligence (AI). The S&P 500 (SNPINDEX: ^GSPC) is going to react depending on how that test goes. Its backers want a valuation of $2 trillion or more, which would top Space Exploration Technologies as the biggest IPO ever if it happens.