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Fortune
Fortune
Jim Edwards

Anthropic reportedly plans a $2 trillion IPO in October—the largest ever—that will eclipse SpaceX

IPO
Photo: Dario Amodei (Credit: Photographer: Jason Henry/Bloomberg)

Good morning. On Fortune’s radar today:

  • Anthropic’s $2 trillion IPO will eclipse SpaceX.
  • Markets: Q2 was awesome.
  • The futures market for ‘compute’ could hit $150 trillion .
  • Iran wants to prolong the war as long as possible.
  • AI isn’t eating jobs yet—but it’s nibbling at the edges.
  • Biofuel is putting up the price of food.
  • “Time billionaires.”
  • Sam Altman was ‘peer-pressured and tricked’ into an ‘unbelievably terrible’ internship at Goldman Sachs .
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