From Wall Street to Silicon Valley, Anthropic IPO poised to have massive 'trickle-down effect'

The tech industry needs this to go well. So does Wall Street. Anthropic's IPO filing on Monday puts the Claude creator in position to pursue what could be the largest initial stock offering in history. Investors are already measuring the 5-year-old company's potential market cap in the trillions, putting it in a category with the world's most valuable companies. It's a critical moment for the whole tech sector, as the artificial intelligence boom has been largely driven by two companies: Anthropic and OpenAI. The latter has confidentially filed to go public, but has said a debut likely won't take place until 2027. Meanwhile, the stock market is showing signs of jitters on the AI trade.