Anthropic IPO: Can its $2 trillion valuation survive a $42 billion loss and massive AI spending?

Anthropic is preparing for a huge IPO that could value the AI company at more than $2 trillion. The planned public offering would be one of the biggest tests yet of how investors value leading AI companies.

The company is making a massive bet on artificial intelligence. Anthropic believes AI could change the global economy more deeply than major developments such as industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters.