The Tech Download: Anthropic’s IPO sets up first big test of AI boom valuations

This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here. This week has been dominated by the hype around the highly anticipated IPOs of SpaceX, Anthropic and OpenAI. When Elon Musk 's SpaceX priced its IPO at $135 a share, giving the company a record $1.77 trillion valuation, investors were left with one overriding question: Was it justified? The same question now hangs over Anthropic and OpenAI. …