AI stocks rise as Anthropic nears Wall Street debut amid investor caution

AI-linked stocks rose on Monday after Anthropic revealed the paperwork for its initial public offering, against the backdrop of growing investor unease over debt-fueled spending on infrastructure for the new technology.

Shares of Nvidia, the world’s most valuable company, added nearly 3%. Microsoft and Amazon gained nearly 1% each.

A successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including chipmakers and related infrastructure companies, analysts have said.