Business Insider Anthropic posted a job opening for a director on its investor relations team, with a base salary of $425,000 to $600,000.
- Anthropic is staffing up its IPO push, hiring a new director to work with investors.
- The job posting touts a lofty salary, in classic Anthropic style: $435,000 to $600,000.
- They'll be expected to build an "investment narrative" for the company as it heads to Wall Street.
Anthropic has already become a success story for venture capitalists. Now, the AI lab begins the tricky task of selling itself to a much larger pool of investors.
The company behind the Claude AI model is preparing for a blockbuster initial public offering as soon as this fall** **that will test investor confidence in its gigantic private valuation, which reached $965 billion in May. To handle the shift to Wall Street, Anthropic is staffing up. On Tuesday, the company posted a job opening for a director on its investor relations team with a base salary of $425,000 to $600,000.
The person will develop Anthropic's "investment narrative" and serve as a primary point of contact between major investors and company leadership, according to the listing. They'll track AI developments, speak about Anthropic's products in meetings, and project how major decisions will ripple through the stock market.
The job listing says the director will work as a "thought partner" to Anthropic's head of investor relations — himself a new hire. Kenneth Dorell took that job in June, reporting to chief financial officer Krishna Rao. Dorell previously led Meta's investor relations team.
Anthropic's former head of strategic finance and investor relations, Vu Bui, left the company earlier this year, according to an Anthropic spokesperson.
Anthropic's revenue boomed over the last year on the strength of its tools for business customers, including Claude Code — it touted in May that its run-rate revenue crossed $47 billion. It has consistently released cutting-edge AI models, positioning it as OpenAI's key competitor. Dorell, the yet-to-be-hired director, and their team still have a tricky task ahead.
Both Anthropic and OpenAI are unusual companies; their private valuations are vast, and AI labs are a new type of investment for Wall Street. Each pours titanic sums of money into training new models and hiring talent, is contending with new government involvement, and boasts an atypical financial structure.
Anthropic is a public benefit corporation, meaning that it's required to balance shareholder returns with the "responsible development and maintenance of advanced AI for the long-term benefit of humanity." OpenAI is partially owned by a nonprofit. Each company has an influential bloc of researchers whom executives aim to please.
Anthropic's new job listing alludes to that challenge. Its "preferred qualifications" section includes, "Interest in AI safety and enthusiasm for explaining a research-driven company to a financial audience."
For guidance, Anthropic's investor relations team can look to SpaceX's $1.77 trillion IPO in June, in which the rocket company positioned itself as a major AI player. After the stock jumped post-listing, it tumbled. On Wednesday, SpaceX shares fell for the first time back below their listing price — a warning sign for the AI labs about the fickleness of the investors they're beginning to court. Have a tip? Contact this reporter via email at scouncil@businessinsider.com, or over text, Signal, Telegram, or WhatsApp at 415-757-8198. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely.
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Key Terms Explained #
AI Safety The broad field studying how to build AI systems that are safe, reliable, and beneficial.
Anthropic An AI safety company founded in 2021 by former OpenAI researchers, including Dario and Daniela Amodei.
Claude Anthropic's family of AI assistants, including Claude Haiku, Sonnet, and Opus.
Edge AI Running AI models directly on local devices (phones, laptops, IoT devices) instead of in the cloud.