Anthropic goes public

Anthropic has initiated its IPO process, submitting documentation to the SEC, potentially allowing trading before Thanksgiving. Following SpaceX's record IPO, expectations are high for Anthropic's market debut. Investors are cautious, valuing the company at around $1.5 trillion, while its losses surged to $80.7 billion this year due to accounting adjustments. Operational costs have also risen sharply, from $2.3 billion to nearly $9 billion for computing and infrastructure.