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**Alphabet and Amazon Expected to Gain from Anthropic IPO**
Anthropic, the developer behind the large language model Claude, has filed for an initial public offering (IPO). In May 2023, the company raised $65 billion, reaching a valuation of $965 billion, and is projected to double its Q1 revenue of $4.8 billion to approximately $10.9 billion in Q2, alongside an operating profit of $559 million. Major investors include Alphabet and Amazon, who made substantial early investments—over $3 billion and $8 billion respectively—while Amazon plans to invest up to $25 billion contingent on performance milestones.
As Anthropic gears up for its IPO, Amazon’s original $8 billion investment is valued at over $74 billion, while Alphabet’s stake had provided $200 billion in Google Cloud commitments. Additionally, Salesforce and Zoom have also invested, with Zoom’s stake potentially reaching around $3 billion based on recent valuations, and Salesforce’s investment worth approximately $5 billion. This IPO is anticipated to mark a significant moment in the tech sector, potentially making Anthropic the next trillion-dollar company.
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