Anthropic Filing Heats Up a Blockbuster Year for IPOs

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• 00:12

  I'm Joe Davis.

• 00:14

  And I'm Christine Kashkari.

• 00:15

  And this is Season 2 of Better Vantage by Vanguard,

• 00:18

  an eight-part video podcast series hosted by custom content from WSJ and Vanguard.

• 00:30

  Wall Street Journal Advertising Department.

• 00:35

  Anthropic, the company behind the AI tool Claude, files for an IPO.

• 00:40

  Plus, the Trump administration signals a retreat on its, quote,

• 00:43

  "anti-weaponization fund." And this weekend's box office shows the rising power of the Gen Z movie.

• 00:49

  "What we've actually learned this weekend is they will go to theaters,

• 00:52

  but they're really interested in creators and story ideas that emerge from the Internet

• 00:57

  because that's what culture is to them." It's Monday, June 1st.

• 01:01

  I'm Alex Ossola of The Wall Street Journal.

• 01:03

  This is the PM edition of What's News, the top headlines and business stories that move the world today.

• 01:12

  First up today, an update on the year that's shaping up to be all about blockbuster IPOs.

• 01:17

  Anthropic says it has filed confidential paperwork for an initial public offering

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  that would put the company on a path to go public this fall.

• 01:24

  Anthropic makes the Claude family of AI models.

• 01:27

  It's valued at $965 billion, and it's emerged as a frontrunner in the AI wars.

• 01:33

  SpaceX's huge IPO is expected this month.

• 01:36

  Asa Fitch covers technology for WSJ's Heard on the Street column,

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