Nov 10 (Reuters) - Only a few startups have attracted as much investor conviction as Anthropic. Backed by cornerstone investors such as Alphabet, Nvidia and AMD, the AI company has seen its valuation soar to near-unprecedented heights.
As Anthropic targets a $1 trillion valuation in its upcoming initial public offering, the debut offers a closely watched test of whether public markets still share that boundless enthusiasm amid a broader reckoning over the returns of the AI boom.
(Reporting by Anhata Rooprai in Bengaluru; Editing by Arun Koyyur, Sherry Jacob-Phillips and Shreya Biswas)