AIFortuneabout 3 hours ago
Anthropic's $2T IPO hinges on Amazon-scale profits
8 min read
Anthropic targets a $2 trillion IPO valuation in October, more than double its $965 billion May valuation. The Claude maker would need $59 billion to $79 billion in annual profits to match Nasdaq 100 multiples, but only recently posted its first operating profit on $10.9 billion Q2 revenue.
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