Anthropic investors salivate over expected $2 trillion valuation in upcoming IPO: report

Anthropic investors are salivating over the AI giant's forthcoming IPO, expecting a jaw-dropping valuation of at least $2 trillion -- blowing past the record set by Elon Musk's SpaceX earlier this summer. The Dario Amodei-led AI lab’s surging revenue could allow it to more than double its current valuation in an IPO, h

The AI company's backers expect its annualized revenue to reach $100 billion to $120 billion by year-end, more than 10 times its level at the start of 2026

Everything you need to know before you reach the office this morning.

Rapid revenue growth fuels hope that the Claude-maker can overcome challenges to become the biggest listing in history