The pursuit to develop the most powerful artificial intelligence engine is on even as the risks and rewards of the new technology remain poorly understood.

June 1 : AI giant Anthropic has confidentially filed for a U.S. initial public offering, the company said on Monday, taking an early lead over rival OpenAI in a race that will…

June 1 : AI giant Anthropic has confidentially filed for a U.S. initial public offering, the company said on Monday, edging ahead of rival OpenAI in a closely watched race to…

This isn't the only AI company planning to go public this year.

Anthropic's valuation has surged, drawing major investors like Blackstone and Insight Partners