Anthropic targets $2 trillion valuation for planned October IPO

Anthropic investors expect the AI company to complete its initial public offering in October at a valuation exceeding $2 trillion, according to reports from company backers. The projected valuation would more than double Anthropic's current worth and exceed market values of SpaceX, making it potentially the largest IPO in history. The anticipated flotation reflects confidence in Anthropic's rapidly rising revenue and the sustained investor appetite for high-potential AI companies.