Anthropic reportedly sets October 14 pre-IPO investor day, targets November listing.

Anthropic PBC is set to meet with potential investors on Oct. 14 local time as it prepares for an initial public offering, pressing ahead with a potential blockbuster listing even as it faces scrutiny over artificial intelligence safety. Invitations for the event, which will give a select group of institutional investors the chance to question company executives, went out in recent days, according to people familiar with the matter. It will be held at the company's San Francisco headquarters, one of the people said. The timing puts the Claude developer on track for a listing expected in November. Anthropic could kick off its formal IPO pitch as soon as the week of Nov. 9, which would allow trading to begin before Thanksgiving, Bloomberg News has reported. Details of the IPO could still change, the people cautioned, asking not to be identified because the information isn't public. A spokesperson for Anthropic declined to comment. While Anthropic's Claude doesn't have the same brand recognition as rival OpenAI's ChatGPT, its strong adoption among enterprise users such as software developers is expected to deliver the steady revenue growth many specialist investors seek. Banks, hedge funds and corporate software providers including Salesforce, Inc. (CRM.US) have partnered with Anthropic to integrate its tools into their workflows. OpenAI, meanwhile, has delayed its IPO plans amid strengthening sales momentum in recent months. The company is seeking to raise at least $30 billion from investors in a new funding round at a valuation of about $1.4 trillion, Bloomberg News has reported. Investors see a fair valuation for Anthropic at $1.8 trillion to $2 trillion, people familiar with the matter have said. The company expects its IPO size to match or exceed that of SpaceX's listing. Anthropic and OpenAI are facing growing public scrutiny following a string of high-profile hacking incidents carried out by rogue agents, heightening concerns that Anthropic's listing could be affected.