AI giant Anthropic files for blockbuster IPO

Anthropic filed for an IPO on Monday morning, aiming to take the company public in November. The prospectus showed first-half 2026 revenue of $16.3 billion and a net loss of $80.7 billion. Share count and price range remain undisclosed. Previous reports have suggested a raise of as much as $100 million at a $2 trillion valuation. Chip stocks rose in pre-market trading after the filing with NVDA and AVGO up 1.4% and 1.5%, respectively, while Micron (MU) rose by 2.3%.

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Source: CoinDesk