Anthropic IPO could hand Commonwealth Bank a multi-billion windfall

Anthropic's initial public offering may let Commonwealth Bank of Australia cash in on a stake it bought in the AI startup more than a year ago, whose valuation has since ballooned. The size of the potential gain was not disclosed.

• CBA bought its Anthropic stake over a year ago
• Anthropic's valuation has ballooned since then
• The IPO could yield a multi-billion windfall