The Wall Street Journal reports ANTHROPIC is meeting potential investors to shore confidence ahead of a possible September or early-October IPO that could be the largest on record; the company is said to be valued at about $965bn. Investors raised concerns about the rise of low-cost AI systems, tensions with the Trump administration and growing local opposition to data center construction; sources said ANTHROPIC executives downplayed the competitive threat and stressed a focus on cutting-edge mo

The Wall Street Journal reports ANTHROPIC is meeting potential investors to shore confidence ahead of a possible September or early-October IPO that could be the largest on record; the company is said to be valued at about $965bn. Investors raised concerns about the rise of low-cost AI systems, tensions with the Trump administration and growing local opposition to data center construction; sources said ANTHROPIC executives downplayed the competitive threat and stressed a focus on cutting-edge models. The company told some investors it plans to expand further into healthcare and biology AI applications; no pricing or firm timetable has been disclosed.