Market & ecosystem
Anthropic reportedly preparing an October IPO as annualized revenue approaches $47 billion
Anthropic is preparing for a stock market listing as early as October and is in talks with Samsung about a custom AI chip, according to reporting by TechCrunch. The company's annualized revenue is said to be approaching $47 billion.
OpenAI reportedly offers the US government a 5 percent stake worth $42.6 billion
OpenAI has proposed giving the US government a 5 percent equity stake, worth about $42.6 billion at the company's $852 billion valuation, according to reporting by CNBC. The proposal is framed as part of a broader accountability arrangement for frontier AI companies.