Sacks calls for Anthropic IPO pause amid near-$2 trillion safety debate

  • David Sacks urged Anthropic to pause its initial public offering pending an investigation into safety claims.
  • Anthropic’s reported public-market valuation target is nearly $2 trillion, about 107% above its latest private mark.
  • Jacob Coxon resigned earlier this week after researching pre-training at OpenAI and Anthropic for three years.

David Sacks called for Anthropic’s initial public offering to be paused until claims by former researcher Jacob Coxon can be investigated. Coxon, who worked on pre-training research at OpenAI and Anthropic, said both companies were racing toward self-improving superintelligence and were not acting responsibly. The dispute has broadened into a governance issue as Anthropic pursues a reported valuation of almost $2 trillion. The company is expected to begin IPO marketing in mid-October and list before the November U.S. midterm elections after confidentially filing a draft S-1 with the SEC on June 1. Its latest private financing valued it at about $965 billion, while reported public-market ambitions imply a roughly 107% increase. Anthropic’s annualized revenue reached $65 billion at the end of July, but investors are awaiting audited margins, compute expenses and customer-concentration data. The debate has also drawn bipartisan attention in Washington, while industry forecasts still point to more than $1 trillion in global AI investment in 2026. Anthropic therefore faces simultaneous questions over whether its economics support the proposed valuation and whether increasingly powerful AI systems can be governed.

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