New Delhi, Nov. 11 -- Anthropic, the artificial intelligence (AI) company founded by former OpenAI employees, is preparing for a stock market debut that could become a major milestone for the global technology industry. Founded just five years ago, the company has rapidly emerged as one of the biggest competitors to ChatGPT developer OpenAI.

The proposed initial public offering (IPO) will also test investor confidence in the long-term commercial potential of artificial intelligence, particularly as companies continue to invest billions of dollars in developing advanced AI models and infrastructure.

Behind Anthropic's growth is a group of researchers and executives who previously worked at OpenAI, where they were involved in developing A...