- Anthropic is finalizing a $15 billion revolving credit line as a step before filing for its IPO.
- Top banks — led by Morgan Stanley with Goldman, JPMorgan, Citi and others — are lining up for big roles, jockeying for fees and prestige.
- The AI firm’s revenue run-rate has surged (annualized >$65 billion), and its IPO could be as large as SpaceX’s, highlighting a hot AI IPO market.