Anthropic needs to bring in Amazon-style earnings to justify its $2 trillion valuation—but it’s barely turned a profit

Investors are hoping for a $2 trillion listing in October backed by one of the fastest revenue ramps anyone has ever seen on a company that has yet to report an annual profit. That might bode well for OpenAI.

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

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