IT’S HAPPENING!Anthropic targets $2 trillion IPO in October—largest ever public float
Anthropic will stage an IPO in October at a predicted valuation of $2 trillion, even larger than SpaceX and therefore the largest public offering of stock ever, the FT reports.
Investors told the paper they believe the AI lab’s annual revenue run rate will be between $100 billion and $120 billion by the end of the year. The IPO is still under discussion, and the valuation has not been formally fixed within the company, sources said.
Anthropic Said to Be in Talks to Buy ‘World Model’ Startup Decart for $6 Billion - Bloomberg
THE MARKETSU.S. stocks rise as benign inflation number makes interest rate rises less likely
