Anthropic IPO to test Wall Street's faith in AI as skepticism mounts

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There were no rockets decking Wall Street bank lobbies this past week, unlike the spectacle surrounding SpaceX's blockbuster June listing. Instead, bankers marketing Anthropic's (ANTH.PVT) potentially record-breaking initial public offering this week faced an unusually turbulent backdrop as Treasury yields surged and a widespread Microsoft Outlook outage hampered communications, all during — the biggest disruption of all — the sudden ousting of Nvidia (NVDA) CEO Jensen Huang, whose company is among Anthropic's biggest investors and chip suppliers.