AI industry IPO

TLDR

Anthropic has filed its S-1 paperwork for an IPO under the ticker ANT, targeting the week of November 16. The offering could raise over $100 billion and value the company at up to $2 trillion, which would make it the largest public listing ever. Filings show $16.3 billion in revenue and an $80.7 billion net loss for the first half of the year, plus up to $807 billion in committed spending over ten years. Separately, Meta announced plans to raise up to $95 billion and SpaceX closed a $40 billion debt round to fund their A.I. ambitions ahead of the IPO.