Prediction: This Upcoming IPO Will Be Even Bigger Than SpaceX
This AI giant could be a record-breaker.
Overview
Both Anthropic and OpenAI filed confidential S-1s in June, indicating that they're planning IPOs in the not-too-distant future. OpenAI's CFO recently indicated that its IPO won't take place until 2027, as the company raised $122 billion in fresh capital earlier this year and isn't in any hurry.
On the other hand, Anthropic, the company behind the Claude AI tools, is reportedly targeting a public debut later this year, and at an eye-popping valuation. In fact, if the reports are accurate, Anthropic could surpass SpaceX as the largest IPO of all time.
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Originally published at www.fool.com.