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00:02Anthropic is targeting an initial public offering that could match or exceed SpaceX's record
00:07$86.2 billion raise, according to Bloomberg. The AI company could publicly file IPO paperwork
00:14as soon as the end of August. Morgan Stanley, Goldman Sachs, and JP Morgan are reportedly
00:20working on the offering, with additional banks potentially joining. Anthropic's annualized
00:25revenue run rate reached $65 billion by the end of July, ahead of OpenAI's roughly $40
00:31billion. In May, Anthropic raised $65 billion at a $965 billion valuation, making it the
00:39world's most valuable startup. CEO Dario Amode could also receive super voting shares ahead
00:44of the IPO. Anthropic is also finalizing a revolving credit facility above its roughly
00:50$10 billion target. For all things money, visit Benzinga.com.
