Anthropic goes public, could surpass SpaceX

Anthropic, the developer of Claude, announced its IPO on the Nasdaq under the ANT ticker. This could be the largest AI-related IPO to date, potentially surpassing SpaceX's record of $1.8 trillion. Currently valued at $1.5 trillion, details on the number of shares and their par value remain undisclosed. The company primarily offers AI services to business clients and reported over $16 billion in revenue in the first half of the year, despite a loss exceeding $80 billion. The IPO is expected to attract significant retail investor interest, raising concerns about market volatility.