Anthropic IPO may shatter a historic Street record

What happened: Anthropic filed a 335-page prospectus Monday for a Wall Street debut next month, ahead of rival OpenAI and months after SpaceX raised $86 billion in a June IPO. Key numbers: Offering could raise up to $100 billion, per reports. Reported valuation up to $2 trillion. Cash and equivalents $131.7 billion as of June 30. Why it matters: The filing comes as competitors like OpenAI hold off going public until next year, and as fears rise about AI slipping free of human control. CEO Dario Amodei said the industry should slow development to let safety measures catch up. Coverage: 10 outlets in 24h

Anthropic filed a 335-page prospectus Monday for a Wall Street debut next month, ahead of rival OpenAI and months after SpaceX raised $86 billion in a June IPO.

The filing comes as competitors like OpenAI hold off going public until next year, and as fears rise about AI slipping free of human control. CEO Dario Amodei said the industry should slow development to let safety measures catch up.