The Economic Times

Anthropic hits $1.2 trillion implied valuation after 20% surge in 7 days here's why the AI startup is overtaking OpenAI in pre-IPO market

Anthropic pre-IPO valuation explained: AI startup Anthropic's implied pre-IPO valuation has surged to a record $1.2 trillion, a 20% increase in just one week. This rapid ascent, driven by significant cloud and chip spending plans and strategic partnerships, positions Anthropic as a major player in the global tech landscape.