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European tech shares and Nasdaq futures advanced as Reuters reported Anthropic's planned public debut and a possible valuation above $2 trillion. Higher oil prices and multi-year highs in bond yields continued to weigh on markets.
Anthropic is reportedly seeking a valuation above $2 trillion in a potential IPO, after an estimated $965 billion valuation in May. Reuters says the filing shows 2025 revenue near $4.6 billion (up 12-fold), a $42 billion net loss, and $7.33 billion spent on computing and infrastructure. The prospectus warns advanced AI
Salesforce said second-quarter revenue rose 11% to $11.3 billion, cRPO climbed 14% to $33.5 billion, and it raised full-year revenue guidance to $46.1 billion-$46.4 billion.
OpenAI's IPO reportedly delayed to 2027 due to cash burn and valuation concerns