Anthropic's strong growth could justify its high valuation ahead of IPO: Analyst

Artificial intelligence company Anthropic's annualised revenue could exceed US$100 billion by year-end, according to Brett Winton, chief futurist at ARK Investment Management, whose venture fund has held a stake in the firm for several years. Speaking to CNA's Asia First, Winton says Anthropic's rapid revenue growth makes its high valuation reasonable as it prepares to go public. He also discusses the investment case for Anthropic amid concerns over limited shareholder control and AI safety risks. Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia