Asian stocks surge as Anthropic IPO lifts sentiment
Asian shares surged after AI company Anthropic filed for a US initial public offering, disclosing a steep loss alongside rapid revenue growth. Investors are weighing the payoff from heavy AI spending. Meta Platforms also plans to raise up to $US95 billion in its largest-ever equity fundraising. Central banks in the United States, Europe and Japan are expected to hold interest rates steady this week. Brent crude eased 0.7 per cent to $US114.95 a barrel as investors weighed a possible resolution to the US-Israeli war with Iran.