Anthropic

Anthropic is a US-based artificial intelligence company developing large language models (LLMs). Backed by Amazon, it is considered a rival to other prominent AI firms like OpenAI and Chinese companies such as Zhipu AI and MiniMax. Anthropic is newsworthy due to the increasing competition in the AI sector, particularly between the US and China, where capital markets are becoming a key battleground. Recent reports suggest that Anthropic is potentially considering an initial public offering (IPO) in 2026, with a possible valuation exceeding $100 billion, making it a potential 'hectocorn.' The company's progress and potential IPO are significant in the context of the broader AI landscape, where companies are vying for funding and market dominance amid evolving regulatory environments.