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Anthropic targets record $2 trillion IPO following explosive revenue growth

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AI company Anthropic is planning an initial public offering valued at $2 trillion, which would be the largest in history. The company's revenue grew twelvefold in 2025 to $4.6 billion, primarily from enterprise clients. However, it also reported an operating loss of $8 billion last year and faces over $500 billion in long-term infrastructure commitments. The planned IPO aims to raise up to $100 billion ahead of a potential November listing.

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