Anthropic eyes IPO with a $30 trillion AI market pitch

Anthropic is reportedly preparing an IPO as soon as October, cherry-picking a potential AI market opportunity north of $30 trillion per a Wall Street Journal report; OpenAI could be next in line. Analysts say such lofty revenue projections might be viable if AI adoption accelerates and enterprise tooling expands, and the current IPO climate remains robust, aided by recent buzz around SpaceX-style debuts. Investors are likely to be patient on near-term profitability for these AI leaders given the scale of the opportunity, even as execution risk remains.