Market Updates
Morningstar says Anthropic valuation could hit $4.3rn ahead of IPO
Anthropic, the developer behind artificial intelligence platform Claude, could be worth as much as $US3 trillion ($4.3 trillion) once the stock starts trading on Wall Street under the most bullish of scenarios, according to influential US research house Morningstar.
Morningstar published its report on Tuesday to coincide with the start of the AI giant's roadshow for its highly anticipated initial public offering that is expected to hit the boards early next week.
Anthropic