There’s something odd about the way Anthropic is wooing investors

The AI boom is currently driving the global economy, with supporters suggesting it will transform the world, though even AI companies have stated the technology could end humanity, according to The Age and The Sydney Morning Herald.

Anthropic officially filed its IPO papers earlier this week in an attempt to raise up to $100 billion, with as much as 20% of the shares potentially reserved for retail investors. Fast Company notes that while retail investors have historically been exposed to the AI business through shares in companies like Microsoft and Google, they now have the opportunity to invest in pure-play AI labs such as Anthropic and OpenAI.

Separately, Meta announced on Tuesday that it intends to sell equity shares on the public market to raise $95 billion to fund its AI infrastructure build-out.

Brief written by urgent.news from The Age, The Sydney Morning Herald, Fast Company — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.