Anthropic sets a $1.4 trillion IPO target, but bankers may already be aiming higher | Fortune

Anthropic has set a $1.4 trillion valuation target for its planned IPO, according to Fortune, though bankers involved in the offering are reportedly aiming even higher. The AI developer's listing would rank among the largest ever, reflecting investor appetite for artificial intelligence companies. The article did not specify the size of the offering or the timing of the listing. The valuation target matters because it would place Anthropic among the most valuable U.S. companies at debut and serve as a bellwether for AI-sector demand. What to watch next is whether underwriters raise the target ahead of the listing and how public-market investors price the company relative to rivals.