Anthropic reportedly plans to move forward with IPO plans

Anthropic is moving ahead with its listing plans and intends to set a valuation range this week and begin trading on Thursday or Friday of next week, according to The Wall Street Journal. Some institutional investors are pushing for a valuation below the $1.5 trillion target discussed as recently as last week, itself well below the $2 trillion floated a few months ago. OpenAI was reportedly valued at $1.25 trillion last week after raising $11 billion in fresh capital, short of the $20 billion it had initially sought.