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Source The Guardian · Published · Open the original ↗

Markets

Anthropic files for potentially record-breaking stock market valuation in key test for AI industry

Market debut of firm behind Claude chatbot will be one of largest in US history, a test of AI boom’s financial viability

Anthropic has publicly filed for a stock market listing in what is slated to be one of the largest debuts in history. The company’s float on the US market will serve as a test of the financial viability of the multitrillion-dollar AI boom.

Analysts and investors have valued the San Francisco-based company, founded in 2021, at more than $1.5tn. The company, which will will list under the symbol ANT, confidentially filed with US financial regulators for an initial public offering in June.

“We believe AI is one of the most consequential technologies in human history,” the company’s investor prospectus reads. Anthropic researchers and executives have trumpeted the transformative power of AI while simultaneously warning of its potential to cause human extinction.

The opening of the report, quoted unchanged from The Guardian. The full text continues at the source.

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