Anthropic prepares for massive IPO as CEO warns competitors are taking unwise AI bubble risks
Anthropic has engaged law firm Wilson Sonsini to prepare for what could be one of the largest IPOs ever, potentially as early as 2026. The Claude chatbot maker, valued at over $300 billion, is racing OpenAI to public markets. Meanwhile, CEO Dario Amodei criticized unnamed competitors for 'YOLO-ing' investments, warning that some AI companies are mismanaging risks despite uncertain economic payoffs.