Factbox: From Amazon to Google, the deep-pocketed investors in Anthropic
Tue 12:34
FACTBOX-From Amazon to Google, the deep-pocketed investors in Anthropic Adds details in paragraph 1
Nov 10 (Reuters) - Only a few startups have attracted as much investor conviction as Anthropic ANT.O. Backed by cornerstone investors such as Alphabet GOOGL.O, Nvidia NVDA.O and AMD AMD.O, the AI company has seen its valuation soar to near-unprecedented heights.
As Anthropic targets a $1 trillion valuation in its upcoming initial public offering, the debut offers a closely watched test of whether public markets still share that boundless enthusiasm amid a broader reckoning over the returns of the AI boom.
(Reporting by Anhata Rooprai in Bengaluru; Editing by Arun Koyyur, Sherry Jacob-Phillips and Shreya Biswas)
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Factbox: From Amazon to Google, the deep-pocketed investors in Anthropic
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