Anthropic Held More Cash Than Nvidia and Apple Combined Ahead of IPO
Anthropic cash hit $131.7 billion, topping Nvidia and Apple combined, but $587 billion in commitments loom ahead of its IPO. The post Anthropic Held More Cash Than Nvidia and Apple Combined Ahead of IPO appeared first on BeInCrypto.
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Initial public offering
The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.
An IPO raises money for the company and lets early owners and investors sell part of their stake.
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