Anthropic is gearing up for a potentially record-breaking initial public offering (IPO) slated for September or October, according to The Decoder. The AI startup is reportedly valued at an impressive $965 billion ahead of the public debut.

During recent investor meetings, Anthropic has faced pointed questions regarding competition from Chinese firms, ongoing tensions linked to the Trump administration, and local protests against the construction of its data centers, The Decoder reported. These challenges highlight the complex environment surrounding the company’s IPO.

For Japanese investors closely watching the global tech sector, Anthropic’s IPO represents a significant event that could influence AI-related equities and cross-border technology investments.