The upcoming Anthropic IPO could target a valuation north of $2 trillion, according to the Financial Times.

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.

Investors expect Anthropic to be valued at $2trn or more in its upcoming IPO, doubling its initial aim of $1trn and dwarfing SpaceX.

Anthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as the AI startups revenue continues to…