Anthropic Targets $1.4 Trillion Valuation

Anthropic is seeking a valuation of about $1.4 trillion in its initial public offering, a bid to make history as the first frontier artificial intelligence lab to go public. Bailey Lipschultz, Bloomberg News Senior IPO Reporter discusses the IPO valuation targets.  Additionally, CPI data came in hot today, reigniting a rate hike debate. Matthew Luzzetti, Chief US Economist at Deutsche Bank discusses what to expect from the Fed. Finally, Dave Lee, Bloomberg Opinion Columnist discusses the latest news on Jensen Huang’s affair with an alleged spy. And, Melissa Smith, President & CEO, talks about the latest Wex index and what that means for fleets.

Chapters:

00:00:00 - Businessweek Daily Begins

00:04:13 - Anthropic Targets $1.4 Trillion Valuation in Blockbuster IPO

00:10:33 - Fed's Waller, Logan Spark Rate-Hike Debate on Hot Inflation

00:11:40 - Matthew Luzzetti, Deutsche Bank Chief US Economist

00:21:23 - Nvidia Board Members Tap Wachtell Lipton to Probe CEO Affair

00:35:06 - Melissa Smith, WEX President and CEO

00:43:30 - House GOP Reportedly Weigh Issuing Subpoena to Huang

00:46:27 - Jim Jordan Defeats Steve Scalise to Lead GOP in House

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