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Anthropic IPO delayed as revenue forecast tops $100 bn by 2026

Reported by Ishita Mukherjee (Staff Writer) · Google News - USA Business ·

✓ — also reported by Google News - UK Business

Anthropic IPO delayed as revenue forecast tops $100 bn by 2026Representative image · Pexels

UPDATE - follow‑up to Investors warn Anthropic could struggle to sustain revenues post‑IPO - Financial Times: Anthropic's initial public offering has been pushed back by a month, the Wall Street Journal reports. Investors also cautioned that the AI startup may find it hard to keep revenue growth after the listing, a concern highlighted by the Financial Times. Despite the warning, the New York Times and Bloomberg say analysts expect Anthropic's annualised revenue to exceed $100 billion by 2026. Axios added that the company is already on a pace that could reach that level. The firm continues to promote its AI safety measures, as noted by the New York Times. The delayed IPO gives Anthropic more time to solidify its market position before going public.

Read more at Google News - USA Business