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Fortune
Fortune
Sheryl Estrada

Can Anthropic’s CFO sell Wall Street on an AI firm Washington calls a ‘risk’?

In this photo illustration, an Anthropic logo is seen displayed on a smartphone with stock market percentages on the background. (Credit: Getty Images)

Good morning. AI startup Anthropic is at odds with the U.S. Department of Defense, and the dispute could complicate the company’s path toward a blockbuster IPO and large enterprise deals.

Anthropic develops advanced AI systems, including its Claude language models, with a focus on safety and reliability. The company recently raised $30 billion in a Series G round, valuing it at roughly $380 billion, making it one of the largest private tech fundraises ever. Expectations have been building that an IPO could come as early as 2026.

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