Reports indicate that Anthropic, the AI startup receiving backing from tech giants Google and Amazon, has retained the services of the renowned law firm Wilson Sonsini to lay the groundwork for an Initial Public Offering (IPO). The company is eyeing a possible stock market debut as soon as 2026. Anthropic is the brainchild behind the development of the Claude large - scale model. At present, it is in the midst of negotiating a new round of private financing. If successful, this could propel its valuation to surpass the $300 - billion mark. While Anthropic has engaged in discussions regarding IPO plans with several prominent investment banks, it's important to note that these talks are still in their nascent, preliminary phases.
