The long-awaited S-1 filing from Anthropic has finally landed and, if all goes smoothly, it could bookend a year of two of the biggest IPOs in history. It may also restart a stalled IPO market that’s been waiting on it. Markets have been choppy in the runup to the mega-IPO from the first frontier AI lab to try and tap the public for much needed funding. Ed Ludlow, Bloomberg Tech Host and Seth Fiegerman, Bloomberg News AI Editor have the details. Plus, Axel Merk, President and Chief Investment Officer, Merk Investments says that markets are fundamentally misunderstanding the Warsh Fed. And Bloomberg Balance of Power co-hosts Joe Mathieu and Kailey Leinz preview US Midterms. Chapters: 00:00:00 Bloomberg Businessweek Daily 00:04:17 Anthropic Files for an IPO 00:05:30 Anthropic's Growth & Existential AI Risks 00:08:23 Anthropic's Financials & Massive AI Spending 00:12:01 Falling Compute Costs & the Path to Profitability 00:15:00 Anthropic's Customers & Revenue Growth 00:19:04 Markets: Tech Rally & Microsoft Buyouts 00:20:36 Fed Chair Kevin Warsh & Monetary Policy 00:25:14 The Fed, Interest Rates & Financial Markets 00:29:33 AI Spending, Debt & Economic Growth 00:34:39 Midterms, Prediction Markets & Anthropic 00:35:37 Anthropic Founders, Wealth & Control 00:40:12 AI Spending, Productivity & Jobs 00:43:50 Anthropic's Complex Governance Structure 00:45:58 Midterms: Trump, Mississippi & Alaska 00:48:15 Prediction Markets vs. Political Polls -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts