Another AI unicorn preps for IPO, because what's a bubble without a splashy stock listing?

AI startup Anthropic, maker of the Claude chatbot, has kicked off its investor roadshow ahead of a planned initial public offering. The company is expected to price shares for a listing as soon as next Thursday, reportedly targeting a valuation of over $1 trillion. Despite recent wobbles in the broader AI stock trade, sources indicate strong institutional demand is lining up for the deal.

This move marks the latest high-stakes entry into the public markets from the AI gold rush, following the playbook of turning massive hype and venture capital into publicly traded stock. While the final valuation might be adjusted from earlier, more exuberant hopes, the sheer scale of the number being floated shows the faith—or the gamble—that big money is still placing on the AI narrative. Get ready for another round of speculative fervor dressed up as a tech breakthrough.