AI giant Anthropic’s move to fire the starting gun on a mammoth US stock market debut edges it in front of rival OpenAI but the sector’s race to go public has “clear echoes” of the dot.com boom and bust, an expect has warned.
The firm behind the Claude chatbot revealed on Monday it had filed paperwork with the US Securities and Exchange Commission for an expected initial public offering (IPO) on Wall Street later this year, marking the latest step in its meteoric rise from research laboratory to a company valued at nearly 1.0 trillion US dollars (£740 billion).
