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The Nexus
BUSINESSJun 1 · 16:42 UTCWPLG LOCAL 10 MIAMIBy MATT O'BRIEN, Associated Press

Anthropic races toward a Wall Street debut with a confidential SEC filing

Anthropic submitted a confidential SEC filing for a potential IPO, aiming for a Wall Street debut. The AI company, valued at $965 billion after raising $65 billion in private funding, reported $47 billion in annualized revenue and now surpasses OpenAI in valuation and revenue. All three major AI firms, including SpaceX, are expected to go public despite ongoing financial losses.

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