Market debut of AI company behind Claude chatbot will be one of largest in US history, a test of its financial viability
Anthropic has publicly filed for a stock market listing, one of the largest debuts in history. The company’s float on the US market is likely to be a high-water mark in the multitrillion-dollar AI boom and a test of its financial viability.
Analysts and investors have valued the San Francisco-based company, founded in 2021, at more than $1.5tn. The company, which will will list under the symbol ANT, confidentially filed with US financial regulators for an initial public offering in June.
And if the debt is in the retirement funds, it’s a guarantee that the government will bail it out because they’re holding old people hostage. Yuck.
Fed can’t bailout shit with inflation running as hot as it already is (they’re already fudging the numbers to keep Social Security payments down). Dumping the bag onto retirement accounts (mutual funds, ETFs, etc.) is the bailout.
Let the retirement funds crash. Maybe it’ll finally teach them not to trust crime-riddled, unregulated Wall Street with their futures.
They will get a nice bailout from whatever Democrat or Republican is in charge.