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AI giant Anthropic confidentially files for US IPO

June 1 (Reuters) – AI giant Anthropic said on ‌Monday it has confidentially ‌filed for a U.S. initial ​public offering, teeing up what could become the watershed moment for Wall ‌Street’s AI ⁠frenzy.

The move sets up a high-stakes test ⁠of whether investor appetite for the AI ​revolution that has ​reshaped ​white-collar work ‌around the world can match the sky-high expectations surrounding the booming sector.

Anthropic did not disclose the size ‌or terms of ​the offering. ​It ​last raised $65 billion ‌at a post-money valuation ​of $965 ​billion in late May, putting it ahead of ​rival ‌OpenAI.

(Reporting by Manya Saini ​in Bengaluru; Editing by ​Shilpi Majumdar)

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