Anthropic’s IPO Sets Up Defining Moment for Wall Street and AI Boom

Anthropic PBC’s landmark initial public offering is laying bare the stark extremes of the AI boom business model: astonishing growth but deep uncertainty about unpredictable demand and the massive spending required to continue building the resource-intensive technology. The startup, which publicly filed IPO paperwork on Monday, is poised to be the first major US firm focused solely on building AI software to make its market debut.