An AI firm backed by Elon Musk, Anthropic, is preparing to launch its initial public offering (IPO) in October. According to sources familiar with the matter, the company is expected to start reaching out to potential investors around the middle of the month. The IPO could take place shortly before the U.S. midterm elections set for November. Analysts are predicting a valuation of $2 trillion for this AI startup, with some suggesting it may surpass the record set by SpaceX during its IPO.

Share.