Anthropic aims $1.3 trillion valuation from $64 billion Nasdaq IPO

Anthropic is targeting a valuation of up to $1.3 trillion through its November 19 Nasdaq IPO, aiming to raise as much as $64 billion. Its revenue has grown sharply, but losses have also increased. The listing will test investor confidence in AI businesses amid market volatility and the company's warnings about potentially catastrophic risks from advanced AI.