AFP, SAN FRANCISCO, United States
Add TT as Preferred Source
The market debut of artificial intelligence (AI) start-up Anthropic PBC, a chief rival to OpenAI, could break the record set by Space Exploration Technologies Corp (SpaceX), US media have reported.Businessman Elon Musk’s SpaceX went public in June at a value of US$1.77 trillion and raised US$85.7 billion in its blockbuster initial public offering (IPO), the largest in history. Anthropic, maker of the Claude AI models, “expects to match or beat the size” of SpaceX’s deal, Bloomberg reported.
Anthropic’s logo is pictured in an illustration taken on Aug. 16.
The company’s bankers have told potential investors it could seek to raise “more than US$100 billion” in its IPO, which could put the company’s value at US$2 trillion, the New York Times reported on Friday, citing two unnamed sources with knowledge of the talks.That would more than double the five-year-old company’s previous valuation at US$965 billion, reached in its last funding round in June.
