Anthropic eyes a $2 trillion IPO valuation as Jim Cramer defends its lofty price, citing explosive AI revenue growth and demand.

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…

Half a dozen of the company’s backers said rapidly rising revenue would enable it to more than double its current valuation in a planned October float.