Anthropic targets valuation of up to $1.4 trillion for blockbuster IPO

AI Summary

Anthropic said it plans to raise as much as $64 billion in an initial public offering, with a target valuation of up to $1.4 trillion. The proposed listing would be a major financing event for the artificial intelligence company.

Anthropic plans to raise up to $64 billion in its upcoming initial public offering, the artificial intelligence giant said in a filing on Tuesday, in a listing that could value the company at up to $1.4 trillion.