tech

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Anthropic moves toward IPO, stepping up race with OpenAI Reuters

It’s not often that investors encounter something truly new in markets. But they will soon when Space Exploration Technologies Corp., OpenAI and Anthropic PBC go public with trillion-dollar valuations, or close to it. No company listed in the US has ever come to market so extravagantly priced — by a

Watch out for indigestion

HALO, which stands for heavy assets, low obsolescence, is the trade of the year. Global investors have been bidding up makers of everything, from cars to PCs, betting that many may benefit from the trillion-dollar AI investment boom.

Anthropic PBC pulled ahead of OpenAI with its confidential IPO filing Monday, as the free-spending artificial intelligence startups battle for a fundraising edge that’s set to determine who will win the ultimate battle for computing power.

Watch out for indigestion

HALO, which stands for heavy assets, low obsolescence, is the trade of the year. Global investors have been bidding up makers of everything, from cars to PCs, betting that many may benefit from the trillion-dollar AI investment boom.

Anthropic PBC pulled ahead of OpenAI with its confidential IPO filing Monday, as the free-spending artificial intelligence startups battle for a fundraising edge that’s set to determine who will win the ultimate battle for computing power.