Anthropic Eyes Historic IPO Amid Cooling AI Funding
· Business · ABC News (AU), Bloomberg
Anthropic is preparing for a massive initial public offering projected to surpass SpaceX as the largest fundraising event in capital markets history. The AI safety firm, known for its Claude assistant, is seeking to raise approximately $100 billion. The company reported third-quarter revenue of $16 billion, though analysts recently adjusted its valuation down to $1.5 trillion. The move comes as broader venture funding for artificial intelligence begins to dry up globally. SpaceX previously raised $85.7 billion in June under a listing price of $US135.
Why it matters
A successful public debut by Anthropic will set a new benchmark for capital raising as tech firms navigate tighter funding conditions.
Read the original report — ABC News (AU)
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