Anthropic Targets $2 Trillion Valuation in Upcoming IPO

Anthropic is finalizing banking partners for its IPO, with investors anticipating a valuation of $2 trillion or higher. The company is currently in talks with major banks including Morgan Stanley (MS), Goldman Sachs (GS), JPMorgan (JPM), Citigroup (C), and Barclays (BCS). The IPO is expected to be a significant test of market sentiment toward AI, with a potential filing in late September and a listing targeted before the U.S. midterm elections.