Image source, Getty Images- Published12 minutes ago
Anthropic, the AI company behind the Claude chatbot, is planning to raise up to $64bn (£48bn) when it lists its shares for sale on New York's Nasdaq stock exchange.
The loss-making company said it will offer its shares for between $70 and $78 each in its initial public offering (IPO), which is expected to go ahead this month.
Anthropic is floating at a volatile time for AI businesses - following last week's US midterm elections, the Nasdaq fell sharply on concerns a Democrat-led Congress could slow development of the technology and the buildout of infrastructure such as data centres.
