Anthropic could debut at $2 trillion valuation in October

Anthropic’s investors expect the AI startup to go public in October at a valuation of $2 trillion or more, a figure that would surpass SpaceX and make it the largest initial public offering on record. Half a dozen backers told the Financial Times that rapidly rising revenue could more than double the five-year-old company’s current valuation in the planned autumn float. Such a listing would unlock billions of dollars for early investors while testing public markets increasingly nervous about the AI boom.