Anthropic reportedly targets $2 trillion valuation in blockbuster October IPO

Anthropic investors expect the AI startup to go public in October at a valuation of $2 trillion or more, a record-breaking debut that would surpass SpaceX. Half a dozen backers told the Financial Times that rapidly rising revenue could support more than doubling its current valuation. A listing that large would unlock billions in gains for early investors, but it would also test public markets growing increasingly nervous about the AI boom.