World

Why Anthropic can't afford to delay its IPO

Anthropic's impending IPO will test a jittery Wall Street , but investors say the timing isn't optional. The reason is simple math: The AI giant has grown too big for private fundraising. Why it matters: Top AI companies like Anthropic and OpenAI are racking up 12-figure spending commitments, straining the financial system's ability to keep up with a buildout that rivals America's railroads or interstate highways. With private borrowing costs spiking, tapping the massive liquidity of the public