Business · 2 hours ago
Anthropic Delays IPO: Why a $15 Billion Deal is Holding it Up
The artificial intelligence firm now plans to release its financial prospectus in late September, targeting a listing just before the US elections in November. Insiders say bosses are using the extra weeks to tie up a $15 billion credit agreement before sitting down with bank analysts. Some investors predict this highly anticipated deal could value the business at roughly $2 trillion.
Reported by Reuters · How we write briefs