AI giant Anthropic launches IPO
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Anthropic, valued at $965 billion and backed by Amazon and Google, has confidentially filed for an IPO, marking a pivotal moment for the booming generative AI industry.
The filing with the Securities and Exchange Commission is a step toward the maker of the chatbot Claude to launch on the stock market, probably at a valuation of more than $1 trillion.
As people become increasingly reliant on artificial intelligence, AI companies are filing for IPOs, and the environmental impact may prove irreversible.
Anthropic has overtaken OpenAI in terms of value but more details on its financials, including its profitability, will be released if it goes ahead with its IPO.
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AI firm Anthropic, maker of the popular chatbot Claude, fires starting gun on $1 trillion float
Anthropic, led by co-founder Dario Amodei, pictured, has filed for an initial public offering in New York that could see it valued at more than $1trillion.