NYC pension concerns over Anthropic's IPO

New York City Comptroller Mark Levine sent a letter to Anthropic CEO Dario Amodei calling on the company to pause its planned IPO until it has fully addressed AI safety, governance, and development pace risks. Anthropic is planning to go public as early as November 2026, with IPO marketing expected to begin as early as the week of November 9. Levine's office oversees more than $325 billion in NYC pension assets and holds approximately $7 million in exposure to Anthropic. Levine is demanding Anthropic detail its planned audits, safeguards, the risks they address, and an implementation timeline, and has characterized a White House accord as merely "morally binding" and therefore insufficient. On the financial side, Anthropic reported $16.8 billion in Q3 2026 revenue, positive free cash flow, 85% adjusted gross margin, and over 11% positive adjusted operating margin. Manifold's expected IPO value for Anthropic dropped roughly 4% on the revenue news, which the source describes as reflecting disappointment with the company's growth pace.