Anthropic, which operates AI chatbot Claude, last raised $65 billion at a post-money valuation of $965 billion in late May, putting it ahead of rival OpenAI
This is AI generated summarization, which may have errors. For context, always refer to the full article. INFO Anthropic, which operates AI chatbot Claude, last raised $65 billion at a post-money valuation of $965 billion in late May, putting it ahead of rival OpenAI Anthropic said on Monday, June 1, it had confidentially filed for its US initial public offering, as the AI heavyweight looks to beat archrival OpenAI to the IPO market.
Anthropic, which operates AI chatbot Claude, last raised $65 billion at a post-money valuation of $965 billion in late May, putting it ahead of rival OpenAI. The much-awaited IPO comes as Elon Musk’s SpaceX is expected to launch its roadshow on June 4, with the rocket and satellite maker likely to target raising about $75 billion at a valuation of roughly $1.75 trillion.
Wall Street is betting 2026 could be a breakout year for the US IPO market, underpinned by a strong pipeline of high-profile private companies and pent-up demand for new listings. Goldman Sachs predicted earlier this year that proceeds from US IPOs could vault to a record $160 billion in 2026, should the marquee names go public this year.
Please follow us on Google to support us Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BOC Files Criminal Complaints Against Cargo Firm Over Abandoned Balikbayan BoxesThe Bureau of Customs filed criminal charges against Makati Express Cargo Inc. for abandoning over 36,000 balikbayan boxes nationwide, including 16,431 boxes in Cebu, after the company failed to comply with regulations.
Read more »
Senator Jinggoy Estrada Files Omnibus Motion Seeking Clarification on Graft CaseSenator Jinggoy Estrada has filed an omnibus motion before the Sandiganbayan, requesting clarification on the validity and factual basis of the graft cases against him. The motion also seeks to quash the information, dismiss the case, or remand it for reinvestigation. The anti-graft court's Second Division has issued a hold departure order against Estrada and co-accused, including former Public Works and Highways secretary Manuel Bonoan and several engineers. Estrada denied the charges as baseless and urged the court to uphold due process, emphasizing his right to file motions and exhaust legal remedies before any coercive measures.
Read more »
Vice President Sara Duterte Files Answer to Impeachment Articles, Seeks DismissalVice President Sara Duterte's legal team has formally submitted her answer to the Senate impeachment court, arguing that the Articles of Impeachment are constitutionally infirm, procedurally defective, and substantively deficient. The filing asserts that the House of Representatives exceeded its authority and that the allegations fail to meet constitutional standards for impeachment. The Senate has set a deadline for the prosecution's reply.
Read more »
NBI files ethics complaint vs. Kiko BarzagaThe National Bureau of Investigation (NBI) on Tuesday filed an ethics complaint against Cavite Fourth District Representative Francisco 'Kiko' Barzaga over his alleged statements that NBI agents were deployed to assassinate senators.
Read more »