Anthropic PBC has selected the Nasdaq exchange for its highly anticipated initial public offering, which could set new market records. The creator of the Claude chatbot is seeking to raise funds comparable to or exceeding SpaceX’s June debut, with the public offering potentially taking place as early as October.

The choice of Nasdaq represents another victory for the exchange, which has hosted four of the largest United States IPOs this year. These include SpaceX’s record-setting offering of eighty-six point three billion dollars and the July debut of SK Hynix Inc., which raised twenty-six point five billion dollars.

Anthropic’s IPO preparations come as leaders of top technology firms call for a slower pace of artificial intelligence model development due to escalating risks. Meanwhile, OpenAI chief Sam Altman stated that his company does not plan to go public this year, citing safety considerations.

Anthropic’s financial performance shows rapid growth, with annualized revenue surpassing sixty-five billion dollars, up more than sevenfold from the end of last year. The upcoming offering is expected to join a broader wave of activity in the United States listing market, which has raised over one hundred sixty billion dollars since the start of the year.