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Anthropic files for IPO valued at up to $2 trillion
Anthropic has registered for what could be the largest initial public offering in history, with a sought valuation between $1.5 trillion and $2 trillion.
Anthropic, the artificial intelligence company founded by former OpenAI researchers, filed its IPO prospectus with the Securities and Exchange Commission on Monday. The company is seeking a valuation between $1.5 trillion and $2 trillion, which would make it one of the ten most valuable US tech companies. The prospectus highlights extraordinary growth metrics including 1,300% annual sales growth and 900% net revenue retention, but also details approximately $80 billion in half-year net losses and hundreds of billions of dollars in compute commitments. Nearly a third of the 335-page filing is devoted to risk factors, with Anthropic acknowledging that its technology could pose 'catastrophic or existential risks to humanity', a striking contrast to its founding mission. Amazon is positioned to be the largest financial beneficiary of the IPO, holding convertible notes valued at $97.9 billion as of June 30.
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