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Anthropic prepares for IPO with $26 billion investment from AI giants

The Motley Fool +1 · ·by G4L

NVDA NVIDIA Corp
$162.85 -2.01%
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  1. 1Anthropic is eyeing a target market capitalization of approximately $1.4 trillion.
  2. 2Seven companies, including Alphabet and NVIDIA, have committed $26 billion in investment at Anthropic's IPO price.
  3. 3Anthropic recorded $33.2 billion in revenue for the nine months ended September 30.

So what's the key point?

Anthropic is preparing to go public after receiving $26 billion in investment from major companies. The company generated $33.2 billion in revenue over a nine-month period.

Source The Motley Fool +1 · View original ↗

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