Anthropic targets $1 trillion valuation with record IPO and placement plans

Anthropic and some of its shareholders are seeking to raise as much as $90.4bn in its hotly anticipated IPO and private placement, in a potentially record-breaking first-time share sale that will test the market’s appetite for AI stocks after a major sell-off last week. The Claude chatbot maker is seeking as much as $64.4bn (£47.9bn) [...]