Anthropic Filing Misstep Adds Drama Ahead of IPO

Anthropic is set to kick off the formal marketing of its blockbuster IPO as early as Tuesday after an apparent snafu over the filing documents added a dose of last-minute drama to a nervous market. Monday’s brief clerical misstep, in which a leaked prospectus mistakenly dangled a $69.3 billion fundraising target before getting retracted, provided an unexpected jolt to investors preparing for the Claude chatbot maker’s offering. Bloomberg Intelligence's Matt Bloxham has the details. (Source: Bloomberg)