Market debut of AI company behind Claude chatbot will be one of largest in US history, a test of its financial viability

Anthropic has publicly filed for a stock market listing, one of the largest debuts in history. The company’s float on the US market is likely to be a high-water mark in the multitrillion-dollar AI boom and a test of its financial viability.

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.

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[–] 2 points 1 week ago (1 child)

I wonder who will be stupid enough to buy this burning stock. With the value based on fantasy, the gargantuan losses being real, the tangible value being close to zero (most of them don't even own the data centers, they lease them) and a product that will probably never achieve what they promise, they will need a special kind of customer. Maybe they should do mailings to the people who bought Trumps' crypto coins...

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