Anthropic picks Nasdaq for landmark IPO targeting $2 trillion valuation

Anthropic has selected Nasdaq for its highly anticipated initial public offering, aiming for a $2 trillion valuation and potential fundraising of up to $100 billion—a record. The AI company told investors it will remain profitable for a second consecutive quarter.

Nvidia $NVDA is reportedly considering a $10 billion investment in the offering. The IPO underscores bold capital commitments to frontier AI despite CEO Dario Amodei's concurrent calls for slower development on safety grounds, creating a strategic tension for investors.

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