Anthropic investors predict IPO valuation to reach $2 trillion to $3 trillion

Anthropic investors predict that the company's valuation will reach $2 trillion to $3 trillion when it goes public as early as October. Investors believe that Claude's demand and revenue growth are sufficient to double Anthropic's valuation of $965 billion in May. Anthropic's annualized revenue in May exceeded $47 billion, and investors expect it to reach $100 billion to $120 billion by the end of the year. Anthropic executives have not yet set a valuation target for their IPO, and the main risks include competition from low-priced models in China, conflicts with the US government, and corporate control over AI spending.