Anthropic

The Claude chatbot maker and its co-founders are seeking to raise as much as US$90.4 billion

The startup is staking claim to the industry’s next frontier of agentic infrastructure

At one point, its IPO was expected to take place in October this year

Revenue is up more than 40% from Q2, at almost US$17 billion

This will go towards raising working capital and funding operating expenses and capital expenditure

Citigroup is set to coordinate the international retail offering

As lead underwriters on the AI firm’s public offering, the rivals will gain both fees and prestige

Lurking in its IPO prospectus are warnings of challenges ahead

Wall Street banks and Blackstone will provide US$63 billion in financing to buy the firm AI chips