AI startup Anthropic has filed confidentially for an IPO with an estimated valuation of $965 billion. Meanwhile, Amazon executed the largest corporate debt offering in Canadian currency by selling C$14 billion in investment-grade bonds. Following discussions between Amazon's CEO and the Trump administration, a sudden move was made to restrict foreign access to Anthropic's AI tools.
Information shared by Amazon CEO Andy Jassy with the Trump administration led to abrupt restrictions on foreign access to Anthropic's AI tools due to national security concerns.
Read the full storyThe tech giant raised record-breaking capital through the largest corporate debt offering in Canadian history, as investor demand doubled the supply to fund AI infrastructure.
The AI startup backed by Amazon and Google initiates public listing process, potentially revealing the financial stakes of major tech giants.