According to media reports, artificial intelligence (AI) company Anthropic has added a new member to its board of directors, as the company prepares for its initial public offering (IPO) in 2026.
The new board member is former executive Chris Liddell, who has worked at Microsoft and General Motors. Liddell also served as Deputy White House Chief of Staff for Policy Coordination during President Donald Trump’s first term. At that time, he was a close ally of Trump’s son-in-law Jared Kushner.
This appointment brings a leader with experience in guiding large companies through going public to Anthropic’s board. The company has indicated to financial partners that it is open to going public by the end of this year.
While serving as CFO of General Motors, Liddell led the company’s IPO in 2010, which raised $23 billion. At that time, GM had just emerged from bankruptcy reorganization the previous year.
Anthropic co-founder and President Daniela Amodei stated in a release that Liddell “has consistently operated at the intersection of technology, public service, and corporate governance—and has an outstanding track record of helping organizations excel at these critical moments.”
On Thursday, Anthropic announced it raised $30 billion in its latest funding round, valuing the company at $380 billion.
The round was led by Coatue and Singapore’s sovereign wealth fund GIC, with participation from D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX. Microsoft and Nvidia also participated as investors.
Market rumors have suggested since late last year that Anthropic plans to go public this year.
In addition to Anthropic, another AI company, OpenAI, and SpaceX, Elon Musk’s space exploration company, are also likely to go public this year.
Earlier this month, SpaceX and Musk’s AI company xAI completed a merger, with the new company’s valuation reaching $1.25 trillion.
According to media reports, OpenAI is in talks for a new funding round, which could raise around $100 billion, with a valuation expected to exceed $800 billion.
(Source: Caixin)
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Laying the groundwork for IPO: Anthropic appoints former General Motors executive to the board of directors
According to media reports, artificial intelligence (AI) company Anthropic has added a new member to its board of directors, as the company prepares for its initial public offering (IPO) in 2026.
The new board member is former executive Chris Liddell, who has worked at Microsoft and General Motors. Liddell also served as Deputy White House Chief of Staff for Policy Coordination during President Donald Trump’s first term. At that time, he was a close ally of Trump’s son-in-law Jared Kushner.
This appointment brings a leader with experience in guiding large companies through going public to Anthropic’s board. The company has indicated to financial partners that it is open to going public by the end of this year.
While serving as CFO of General Motors, Liddell led the company’s IPO in 2010, which raised $23 billion. At that time, GM had just emerged from bankruptcy reorganization the previous year.
Anthropic co-founder and President Daniela Amodei stated in a release that Liddell “has consistently operated at the intersection of technology, public service, and corporate governance—and has an outstanding track record of helping organizations excel at these critical moments.”
On Thursday, Anthropic announced it raised $30 billion in its latest funding round, valuing the company at $380 billion.
The round was led by Coatue and Singapore’s sovereign wealth fund GIC, with participation from D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX. Microsoft and Nvidia also participated as investors.
Market rumors have suggested since late last year that Anthropic plans to go public this year.
In addition to Anthropic, another AI company, OpenAI, and SpaceX, Elon Musk’s space exploration company, are also likely to go public this year.
Earlier this month, SpaceX and Musk’s AI company xAI completed a merger, with the new company’s valuation reaching $1.25 trillion.
According to media reports, OpenAI is in talks for a new funding round, which could raise around $100 billion, with a valuation expected to exceed $800 billion.
(Source: Caixin)