Report: Anthropic aims for $1.4 trillion IPO valuation

AI startup Anthropic is aiming for a valuation of approximately $1.4 trillion in its upcoming initial public offering, according to reports by Reuters and ANSA. The company reportedly intends to raise $64 billion, marking a significant test of Wall Street's fervor for artificial intelligence.

Separately, The Defiant reported that Anthropic has retracted its previously announced IPO price range as the company awaits the debut of its crypto-related products. Further details regarding the exact timing of the IPO or updated valuation figures have not yet been released.