The initial public offering could mint riches for the AI model maker's unusually broad base of private investors, while putting its intertwined financial relationships with some of its biggest on full display.

Anthropic's leaked S-1 cover page reveals the $965 billion AI company is advancing toward a public listing that could value it near $1 trillion.

The initial public offering could mint riches for the AI model maker's unusually broad base of private investors, while putting its intertwined financial relationships with some…