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MarketBeat
MarketBeat
Business
Ryan Hasson

Anthropic's IPO Could Put Amazon's and Alphabet's Paper Profits to the Test

Anthropic has not yet officially filed a public prospectus ahead of its hugely anticipated Initial Public Offering (IPO), but the AI startup is already quietly reshaping the earnings of two of the world's largest companies.

Both Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) are major backers of Anthropic, and as the AI firm's private valuation has soared, the paper value of those stakes has flowed straight into their bottom lines.

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