Anthropic investors bet on US$2 trillion valuation in record IPO
Rapid revenue growth fuels hope Claude maker can overcome challenges to become the biggest listing in history
Anthropic investors expect the AI start-up to float at a valuation of $2 trillion or more in an upcoming initial public offering. According to the Financial Post, investors anticipate the company's annualised revenue to be between $100 billion and $120 billion by the end of 2026. This represents a significant increase of over 10 times from its current revenue.
The expected valuation of $2 trillion would be a record high, surpassing that of SpaceX. The company's rapid revenue growth has contributed to the fervour for a lofty valuation.
The initial public offering is expected to take place in October.
Brief written by urgent.news from Financial Post, Techmeme, Fortune, Silicon Republic — 4 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.
