Anthropic to Beat SpaceX? Investors Bet on $2 Trillion Valuation in Record IPO
Backers cite nearly $11 billion in second-quarter revenue and nearly $100 billion in new funding as they push for a record valuation.
- Investors expect Anthropic to be valued at $2trn or more in its October IPO, doubling initial targets of $1trn and potentially dwarfing SpaceX as the largest public listing in history.
- Anthropic's revenue hit nearly $11bn in the second quarter this year, more than doubling the $4.8bn from the first quarter, driving investor enthusiasm for a lofty valuation.
- Last month, AMD pledged $5bn for chip access, while Amazon announced $25bn in April for cloud technologies; confident backers poured nearly $100bn into Anthropic this year, with Statista reporting around 245m Claude users monthly as of June.
- Earlier this year, the US government temporarily banned Anthropic from exporting two cybersecurity models over security concerns, but investors told the Financial Times the company rebounded at an "extraordinary rate" once the ban was lifted after more than two weeks.
- Despite competition from OpenAI and Chinese-made models, Anthropic trumped OpenAI's valuation earlier this year by capturing a higher volume of enterprise users; comparatively, OpenAI's ChatGPT crossed 1bn users that same month.
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Anthropic investors expect that the American artificial intelligence startup will be launched on the Stock Exchange in October with an evaluation of at least $2 trillion or more, an impressive value that would exceed Elon Musk's SpaceX. With this, the initial public offer (IPO) of shares would become the largest in history. In Australia: Meta claims to have closed 750 thousand accounts of under 16 years of age Artificial Intelligence: Anthropic …
Investors in the AI company Anthropic predict that, based on revenue growth, the company could reach a valuation of two trillion dollars or more in its planned IPO in October. This could double the company's current valuation, making it the largest IPO in history; however, regulatory pressures, legal battles with the US administration, and high model costs are considered key risk factors.
The rapid growth of the AI company does not stop: According to a media report, Anthropic's investors believe a new valuation leap is possible – within a few months.
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