Anthropic tries to outrun AI bubble with record-breaking IPO

Key points

• AI company Anthropic is set to become the largest capital markets fundraising in history, surpassing SpaceX's record from June. The company plans to raise about $US100 billion through a share listing.
• Analysts say its revenue is growing fast, but its spending on computing infrastructure is high and its valuation has fallen to $US1.5 trillion. Fund manager Roger Montgomery said the listing could be an attempt to get ahead of a possible AI bubble bursting.
• Australians will be able to apply for shares, with Macquarie Capital acting as the local coordinator.