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Anthropic reportedly presses ahead with IPO plans

· 50-word read

Anthropic reportedly presses ahead with IPO plans

In 50 words

Anthropic is moving ahead with its stock market listing, The Wall Street Journal reported, according to TechCrunch. The AI company plans to set a valuation range this week and start trading on Thursday or Friday next week. Some investors want a valuation below the $1.5 trillion target discussed last week.

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Why it matters

According to the report, investors will use Anthropic's valuation to gauge the strength of the AI boom.

What's next

Anthropic plans to set a valuation range this week and begin trading on Thursday or Friday next week, the Journal reported.

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