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Anthropic files for listing on US stock market with valuation of more than $1.5tn

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Market debut of the company behind the chatbot Claude will be one of the largest in US historyAnthropic has publicly filed for a listing on the US stock market under the symbol ANT.Analysts and investors have previously valued the San Francisco-based company, founded in 2021, at more than $1.5tn, meaning its listing will be one

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Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump

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Datacenter and chip costs fueled sharp decrease in AI sector although non-AI stocks still had a strong showingThe latest shudder for stocks in the AI industry pulled markets lower worldwide on Thursday, while oil prices hit their highest levels since May on worries about the war with Iran .The S&P 500 fell 1.2% for its

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Tech market sell-off deepens amid fears over US inflation and AI debt

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Chip makers and tech investors such as Samsung and SoftBank plunge as global investors fret over potential interest rate hikesBusiness news – live updatesLarry Elliott: the global economy is muddling through. But a storm is comingAn accelerating sell-off of AI-linked shares has hit global markets, as fears over rising inflation and future interest rate hikes

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‘It’s a scam’: Americans express unease over SpaceX’s influence on retirement savings

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Guardian readers in the US share concerns about how the SpaceX IPO and AI boom affect their retirement accountsElon Musk became the world’s first trillionaire last week after SpaceX debuted on the stock market with a valuation of $1.77tn.Millions of Americans could soon become indirect investors in SpaceX and other emerging AI-focused companies as US

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SpaceX to list on US stock market at historic $1.77tn valuation

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IPO for Elon Musk’s company comes in what is predicted to be a banner year for public offerings of AI companiesSpaceX will become publicly traded on Friday after nearly two and a half decades as a private company. Executives are slated to ring the bell on Wall Street with the rocket ship maker’s historic stock

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