Anthropic IPO filing will show AI backlash as a risk factor, sources say

Anthropic’s confidential IPO filing will list public opposition to AI data centers as a material risk, with investors questioning competition, margin pressure from open-source models, and potential slowdowns in data-center construction. The company, valued near $1 trillion privately and projected to float at roughly $2 trillion, recently reported a $65 billion annual revenue run-rate.