Anthropic CEO talks up company's no 'jerks' policy ahead of IPO

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Anthropic chief executive Dario Amodei pitched investors on safety and a strict hiring culture on Friday (local time), days before the AI company's stock market debut.

Anthropic chief executive Dario Amodei pitched investors on safety and a strict hiring culture on Friday (local time), days before the AI company's stock market debut.

"We're very paranoid" about AI safety, Amodei told JPMorgan Chase chief Jamie Dimon at an event hosted by the bank, one of the offering's lead underwriters.

He said that focus had shaped both Anthropic's culture and its strategy, steering it toward business customers and coding tools rather than consumer chatbots, a path not initially chosen by the company's archrival, ChatGPT-maker OpenAI.

"We deliberately chose enterprise as a focus because we understood that it was synergistic with our focus on safety," he said.

The listing comes at a sensitive moment for the AI boom. AI stocks have swung sharply as investors question whether heavy spending on the technology will pay off.

Nvidia, the chip giant at the centre of the AI buildout and an Anthropic investor, has been rocked by the resignation of chief executive Jensen Huang after he admitted to an affair with a woman US intelligence reportedly believes was a Chinese spy.

Anthropic set a price range this week of US$70 to US$78 per share, with the stock, under the ticker name "ANT", expected to begin trading on Thursday.

At the top of that range, the offering would raise up to US$64.4 billion and value the company at about US$1.4 trillion, including employee stock options and restricted shares. That is well below the US$2 trillion figure floated earlier in the year.

Amodei, who has a doctorate in biology, co-founded Anthropic in 2021 after leaving OpenAI. He told investors the company would keep opening new markets by pushing the limits of its technology.

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