Anthropic files for IPO, valuation may set a market record, becoming a key test for the AI industry

Anthropic has publicly filed to list on the US stock market under the ticker ANT; analysts and investors had previously valued the company, founded in San Francisco in 2021, at more than $1.5tn, and this listing will be one of the largest in market history. Its flagship product is the chatbot Claude, which has text generation as well as advanced coding and cybersecurity capabilities, and CEO Dario Amodei founded the company after leaving OpenAI. The audited financial documents will make its financial health public for the first time, and recent questions about a potential AI bubble have fueled speculation about its financial condition. In addition, Anthropic clashed with the Trump administration over the use of its products in war and was ultimately designated a supply chain risk, the first such case for a US company, barring any military agency from contracting with the company; Anthropic has challenged this blacklist designation.