Urgent.News

What's breaking now, across thousands of outlets.

More in AI

Anthropic IPO to drive blockbuster gains for Iconiq, Spark, GIC

The sovereign wealth fund owns about 1% of the firm, after investing north of US$4.5 billion in it

  • Anthropic's IPO set to generate blockbuster gains for Iconiq, Spark, GIC.
  • Iconiq's stake in Anthropic valued at US$17 billion, potential double if IPO hits US$2 trillion.
  • Spark Capital's investment in Anthropic now worth US$7 billion after 2023 US$75 million infusion.

More from Thursday 22 October →