Anthropic IPO could value AI lab at over USD 2 trillion despite surging costs

New Delhi [India], September 29 (ANI): Artificial intelligence company Anthropic is targeting a public-market valuation of more than USD 2 trillion as it bets that AI will transform the global economy, according to a news report by Reuters.

The company, however, faces a USD 42 billion net loss and plans to take on USD 518 billion in cloud, computing and infrastructure obligations in the coming years, the report said.

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