AI Giant Anthropic May Top $2T Valuation, Blockchain.com Seeks Humble IPO

Anthropic, an AI company based in San Francisco, is reportedly considering an initial public offering (IPO) that could value it above $2 trillion. This ambitious valuation would surpass SpaceX's recent public-market debut at $1.77 trillion.

The market appears to be interpreting Anthropic's potential valuation with caution. Current pricing in prediction markets suggests a decrease in confidence that its IPO market cap will be below $1.25 trillion, with an increase in odds for a market cap between $2 trillion and $2.25 trillion.

Bitcoin is also making waves as it continues to trade around $84,000, showing a 7% increase for the month. This performance could indicate that Bitcoin may break a 12-year pattern of negative returns following a positive August.

Blockchain.com plans to go public by the end of the year, targeting a $500 million listing at a valuation between $4 billion and $6 billion. However, this is significantly below its peak valuation in 2022 of $14 billion.