There's a lot of excitement and anxiety about how AI companies are doing.
Are they a goldmine for investors or approaching a bubble?
One of the biggest AI companies, Anthropic, the company behind Claude, is preparing to go public as soon as November.
The Anthropic IPO is probably the most highly anticipated IPO of the year.
That's our colleague Anissa Gardisi.
Investors are extremely excited about Anthropic going public as the first AI lab to be a public company.
And like it's going to be one of the biggest IPOs in history when it happens.
That's exactly right.
Right now, the numbers that they're talking about are that Anthropic could raise around
$100 billion at an up to $2 trillion valuation.
So it's quite, it's quite unprecedented.
Yeah, it's a whopper.
Nisa got a chance to look inside Anthropic's business by pouring over a massive document
that details the company's finances.
It's known as an S1.
An S-1 is this long document that private companies have to file with the SEC before they go public.
Ideally, it contains all of the answers to questions that investors might have,
and it brings up all of the risks and concerns that the company has.
So it's kind of the company for the first time being an open book about its finances
and its vision for the future.