Anthropic Could Aim to Raise $100 Billion in Blockbuster I.P.O.

A five-year-old company with no profit history wants a bigger valuation than SpaceX, and the pitch is essentially trust the bankers.

The offering could value the five-year-old A.I. start-up at $2 trillion, its bankers have told potential investors, which would exceed Elon Musk’s SpaceX.