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Anthropic Targets Blockbuster Fall IPO as Revenue Surges

Motley Fool Read original source (opens in a new tab)
The Story

News Summary

  • Anthropic plans an IPO as early as late September targeting a massive valuation after rapid revenue growth.
  • Key backers including Amazon and Alphabet stand to benefit from valuation markups, while massive AI infrastructure demand continues to support chipmaker Nvidia.
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