Anthropic, the maker of the Claude chatbot, is in talks to expand its credit lines. The move strengthens the San Francisco company's balance sheet as it approaches a planned initial public offering.
The AI firm is targeting an October listing. Market analysts project a valuation between $1.1 trillion and $1.25 trillion. The company recently secured $65 billion in Series H funding.
Key investors Amazon and Google are monitoring the process. Market confidence for a listing by the end of 2026 stands at 74.5%.