Anthropic, the team behind the Claude chatbot, is making waves with its upcoming IPO.
The offering has already been oversubscribed several times over, and could raise as much as $90.4 billion in the IPO and a private placement, potentially making it the biggest listing of all time, bigger than SpaceX's IPO.
Anthropic targets $1.4 trillion valuation
Major investors are driving this hype, and Anthropic is keeping up the energy with events like a live-stream featuring CEO Dario Amodei and JPMorgan Chase & Co. CEO Jamie Dimon.
The company is aiming for a massive $1.4 trillion valuation on Nasdaq (symbol: ANT).
Meanwhile, some investors are tweaking their share allocations to manage risk as everyone gears up for this record-setting debut.