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Anthropic Pushes IPO to Mid-October, Targets $2 Trillion Valuation

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AI company Anthropic has delayed its initial public offering, now planning a market debut in mid-October. The firm is expected to seek a valuation of around $2 trillion from investors. Ahead of analyst meetings, Anthropic is arranging a substantial $15 billion credit facility to strengthen its financial position. The company has set an ambitious revenue target of $200 billion by 2028, supported by improved relations with the US government following earlier friction.

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