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1 week ago

Anthropic files confidentially for IPO

Artificial intelligence (AI) giant Anthropic said on Monday it had confidentially filed for its U.S. initial public offering, as the AI heavyweight looks to beat archrival OpenAI to the IPO market.The much-awaited IPO comes as Elon Musk's SpaceX is expected to launch its roadshow on June 4, with the rocket and satellite maker likely to target raising about $75 billion at a valuation of roughly $1.75 trillion.Wall Street is betting 2026 could be a breakout year for the U.S. IPO market, underpinned by a strong pipeline of high-profile private companies and pent-up demand for new listings.Goldman...