Anthropic aiming for $US100 billion IPO, the highest ever float | Finance Report | ABC NEWS

Anthropic is expected to debut on the Nasdaq next month, with a market value of more than $US1.5 trillion, which is more than the 20 largest publicly-traded companies on the ASX — combined. That's if the initial public offering (IPO) goes according to plan.
Wall Street's tech giants are turning cashflow negative due to their huge spending on AI investments.
The Australian share market ended its day slightly higher.

Presented by David Chau.
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