According to the Financial Times, AI company Anthropic officially launched its US IPO on October 26, following the release of its initial public offering (IPO) prospectus. Existing investors expect the company's IPO valuation to reach between $1.5 trillion and $1.75 trillion, lower than the over $2 trillion previously anticipated by some investors. Anthropic was valued at approximately $965 billion in its previous private funding round in May. The company reportedly saw its third-quarter revenue grow nearly 50% quarter-over-quarter to $16.8 billion, achieving adjusted profitability. Anthropic anticipates listing between November 3 (the US midterm elections) and November 26 (Thanksgiving), though the final valuation and listing date are yet to be determined. https://wublock123.com/news/anthropic-submits-ipo-prospectus-with-estimated-valuation-of-15-trillion-to-175-trillion-70725