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      Anthropic expects potential market size to exceed $30 trillion, surpassing SpaceX IPO expectations

      PANews reported on August 26, citing a Wall Street Journal report via Gelonghui, that Anthropic is expected to tell investors in its IPO filing that the company's potential revenue opportunity exceeds $30 trillion, surpassing SpaceX's previous estimate of $28.5 trillion. Anthropic is using the 'total addressable market' (TAM) to demonstrate the growth potential brought by AI, assessing the scale of all work that AI models can complete in the future. SpaceX previously called its TAM 'the largest actionable market in human history,' of which $26.5 trillion comes from AI opportunities. Anthropic's second-quarter revenue has exceeded $11.6 billion, doubling from before. The company's IPO may raise up to $100 billion, with a target valuation of about $2 trillion, higher than SpaceX's $1.77 trillion at its IPO. The plans are still under discussion, with an IPO expected as early as September or October.


      Source: PANews
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