Business · Companies · 5 hrs ago
New York comptroller urges Anthropic to delay IPO over AI risks
New York City Comptroller Mark Levine urged Anthropic to delay its planned IPO until it better controls risks from its AI technology.
Levine sent his request to Anthropic CEO Dario Amodei, who has also called for slower development of advanced AI models.
The city’s pension funds provide retirement benefits to more than 750,000 people and manage $330 billion.
They currently have about $7 million invested in Anthropic, but a public listing could make the funds long-term shareholders if the company enters stock indexes they track.
Levine said safety, security and other concerns should be addressed before investors are asked to assess the company.
Anthropic began preparing for an IPO in June, and one report cited by a source says it could happen in November, though the company has not confirmed a date.
The sources do not say whether Anthropic will accept Levine’s request.
New York City Comptroller Mark Levine urged Anthropic to delay its planned IPO until risks from its AI technology are better controlled.
Levine cited concerns about AI safety, security, governance and the pace of development.
The city’s pension funds currently have about $7 million invested in Anthropic, and could become long-term shareholders if its stock enters indexes they track.
The funds provide retirement benefits to more than 750,000 people and managed $330 billion at the end of August.
Anthropic began IPO preparations in June, and media reports cited a possible November debut.
- Who
- New York City Comptroller Mark Levine urged Anthropic CEO Dario Amodei to delay the company’s IPO.
- What
- Levine asked Anthropic to pause the IPO process until it better addresses AI-related risks.
- When
- The letter became public on Thursday, October 15, 2026.
- Where
- New York City; the letter was addressed to Anthropic’s CEO.
- Why
- Levine said AI safety, security, governance and development-pace concerns should be addressed before an IPO.
This story does not have two clearly opposing sides.
Anthropic officially began preparations for an IPO.
A letter from Levine urging Anthropic to pause its IPO became public.
Media reports cited in cash.ch said Anthropic’s stock market debut was expected in November.
- Current city pension fund investment in Anthropic
- About $7 million
- Pension fund beneficiaries
- More than 750,000 people
- Assets managed at end of August
- $330 billion
- Index cited
- Russell 3000
- IPO preparations began
- June 2026
3 sources
What people are saying
Prudence should not only be shown with respect to the pace of the frontier, it should be also shown with respect to the timing of an IPO.
I therefore urge Anthropic to pause the IPO process so that the company may fully address these key issues, ones which investors must also assess,