Anthropic's planned mega-IPO faces investor skepticism over Chinese rivals and political headwinds

Anthropic is preparing an IPO for September or October, according to the Wall Street Journal, potentially the largest ever. During investor meetings, the company, valued at $965 billion, is fielding tough questions about Chinese competition, tensions with the Trump administration, and protests against data center construction. The company's IPO valuation will likely set the benchmark for how the entire AI industry gets valued.

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