India, Sept. 19 -- The company that made existential AI safety its founding commercial proposition is preparing, according to people familiar with the matter, the largest technology initial public offering in history. The researcher Anthropic hired to lead that safety program said this month, in public, that the program has no solution in sight.

Anthropic is targeting a November market debut at a valuation of roughly $2 trillion, The Wall Street Journal reported Thursday. Banks including Morgan Stanley, Goldman Sachs and JPMorgan are pitching the offering to institutional investors at the new timeline. The company is aiming to raise as much as $100 billion, a figure that would surpass SpaceX's record private placement and eclipse every ...