What Happened
Artificial Intelligence Company Targets Record Valuation
Anthropic is expected to pitch investors a $30tn market opportunity, surpassing SpaceX’s $28.5tn estimate. The company’s revenue has more than doubled in the second quarter to $11.6bn, with projected revenue of $190-200bn by 2028. This valuation may justify infrastructure spending and guide product priorities, according to reports from The Wall Street Journal and Reuters.