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Science & Environment News

The Economic Times

Science & Environment / The Economic Times

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Anthropic files for US IPO amid AI boom, rising costs and safety concerns

Anthropic has filed for a US IPO to support its ambitious AI development plans and secure funding. The company's recent financial details show significant revenue growth, but losses have widened sharply. Investors are currently valuing Anthropic at approximately $1.5 trillion, reflecting recent market fluctuations. Anthropic is in competition with OpenAI in the race to create advanced AI systems.

26 Oct 2026 6:52 pm