NYC comptroller says Anthropic's IPO structure strips power from shareholders

What happened: NYC comptroller Mark Levine said Anthropic's IPO structure strips power from shareholders, citing details in the company's Oct. 26 IPO filing. Key numbers: Levine oversees pension funds with more than $325 billion in assets. The IPO filing is dated Oct. 26. Why it matters: The comptroller's criticism ties shareholder governance concerns to a major public pension investor ahead of the offering.

NYC comptroller Mark Levine said Anthropic's IPO structure strips power from shareholders, citing details in the company's Oct. 26 IPO filing.

The comptroller's criticism ties shareholder governance concerns to a major public pension investor ahead of the offering.