Anthropic has filed for a US IPO to support its ambitious AI development plans and secure funding. The company’s recent financial details show significant revenue growth, but losses have widened sharply. Investors are currently valuing Anthropic at approximately $1.5 trillion, reflecting recent market fluctuations. Anthropic is in competition with OpenAI in the race to create advanced AI systems.
More in Economy
Vedanta Aluminium Q2 Results: Profit doubles to Rs 6,187 crore, revenue jumps 41%
October 28, 2026
US stocks today: US stocks turn choppy as megacaps offset chip gains before Fed meet
October 28, 2026
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves
October 28, 2026
Meesho Q2 Results: Loss narrows to Rs 132 crore YoY, revenue rises 34%
October 28, 2026
Tuborg maker Carlsberg India moves closer to IPO, files updated DRHP for complete OFS issue
October 28, 2026
From 104 shareholders to nearly 80 lakh! Jio becomes India's most widely owned stock on listing day
October 28, 2026
Latest News
Screwworm Detected for First Time in Arizona as Outbreak Spreads
October 28, 2026
Papers: Liverpool make contact with Monaco midfielder Camara
October 28, 2026
Kompany discharged from hospital after collapsing at training
October 28, 2026
‘The Mongoose’ Review: Propulsive Pacing and Impressive Stunt Work Help Make This an Above-Average Liam Neeson Actioner
October 28, 2026
History-maker Russo scores hat-trick as Arsenal dismiss Benfica
October 28, 2026
Giancarlo Esposito and John Turturro Hated Each Other on ‘Do the Right Thing.’ Now They Break Character to Cry Mid-Scene
October 28, 2026