AI Giant Anthropic Plans to Sell Shares in US as Valuation Nears $1tn

Artificial intelligence (AI) firm Anthropic has revealed its plans to go public in the US, a move which would allow people to buy and sell its shares on the stock market.

The company behind chatbot Claude said on Monday it had filed paperwork with the US authorities in order to make an initial public offering (IPO) this year.

Anthropic said the price and number of shares to be offered "have not yet been set".

The firm's stock market plans, coming alongside those of Elon Musk's SpaceX, is set to show whether investor appetite matches the soaring valuations of AI companies.

Anthropic, founded just five years ago, recently raised money from private investors that valued the company at more than $965bn (£717bn), ahead of OpenAI's most recent valuation of $852bn.

- Authors: Kali Hays, San Francisco and Mitchell Labiak (BBC)

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