Anthropic IPO by the numbers, from a possible valuation in the trillions to surging revenue

Anthropic has the chance to make history with what could be the biggest initial public offering of stock ever. The artificial intelligence lab filed papers Monday setting up a Wall Street debut next month, ahead of its chief rival OpenAI and just months after SpaceX set records in June with an initial public offering that raised $86 billion. In a 335-page prospectus, the company behind the Claude chatbot outlined rapid revenue growth, but an inability to turn a profit yet. The offering could bring in as much as $100 billion, according to reports, which would help to accelerate the expansion of the five-year-old startup.

Also reported by Associated Press News, NDTV Profit.

First reported by The Economic Times. This page is a short excerpt; the full text is theirs.