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Anthropic unveils IPO plan as first-half losses hit $80 billion

Anthropic has unveiled a large IPO plan, with first-half losses reported at $80 billion. An IPO, or initial public offering, is when a private company first sells shares to the public.

ContextAnthropic is an AI company known for its Claude chatbot, and it has been raising large sums from investors as it grows. Many AI firms are now weighing stock market listings, which makes such plans closely watched by the industry.
Read at NDTV Burning Potato score: 21%

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