The Anthropic IPO Could Be Bigger Than SpaceX. Here's What That Means for Vistra, Bloom Energy, and Oklo.
Spending from the AI giant could flow through nicely to electric power providers.
Overview
While it hasn't been an entirely smooth ride, the artificial intelligence (AI) boom may reach a major milestone this fall with the initial public offering (IPO) of Anthropic. The fast-growing AI lab plans to raise about $100 billion from investors, giving it a $2 trillion valuation as it spends to remain at the forefront of the world's most advanced AI systems.
Investors have rewarded this company with a premium valuation, but the $100 billion capital raise should help cash flow across the entire AI supply chain, including for power-generation stocks. Here's how the Anthropic IPO could affect power providers like Vistra (NYSE: VST), Bloom Energy (NYSE: BE), and Oklo (NYSE: OKLO) in the coming years.
Details
Vistra is a power provider sitting on opportunistic assets in 2026, which is why the stock is up 700% during the past five years. The company is a non-utility power provider, meaning it sells electric power generation directly to wholesalers, such as data center operators.
Source
Originally published at www.fool.com.