Anthropic targets valuation of up to $1.4tn in stock market flotation
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Claude chatbot developer had been reported to be aiming for $2tn IPO on Wall Street before investors cooled on AI
Trading in Anthropic shares could start as soon as next week. Photograph: Dado Ruvić/ReutersTrading in Anthropic shares could start as soon as next week. Photograph: Dado Ruvić/ReutersAnthropic targets valuation of up to $1.4tn in stock market flotation
Claude chatbot developer had been reported to be aiming for $2tn IPO on Wall Street before investors cooled on AI
Anthropic is seeking a valuation of up to $1.4tn (£1.05tn) in its imminent stock market flotation, short of the $2tn that had been expected before investors started to question the durability of the AI boom.