Founded nearly a century ago, Weil Gotshal was once the marquee for bankruptcy advice but has more recently had difficulty competing with giant law firms.
Anthropic named the Wall Street firms lead underwriters on its upcoming public offering, a role that will generate generous fees and enormous prestige.
Anthropic’s Code W/ Claude event in San Francisco in May. In a filing, the company provided rare insight into the business of a “frontier” A.I. lab that makes cutting-edge A.I. models.
Ahead of what could be the largest public listing ever, Anthropic said revenue soared to $16.3 billion in the first half of the year, and it planned to spend $807 billion on A.I. infrastructure.
Anthropic sits atop a pyramid of business partners and suppliers, making it a barometer of the broader economy. Its initial public offering will have widespread implications.
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