Anthropic, the maker of the Claude AI assistant, has launched a new version of its flagship artificial intelligence model, Claude Fable 5.2, as the US technology company advances preparations for what could become one of the largest initial public offerings in Wall Street history.

According to the company, Fable 5.2 delivers improvements in areas including coding, reasoning, and vision, while generating responses up to 30% faster than its predecessor. The model is priced at eight dollars per million input tokens and 40 dollars per million output tokens, below the rates charged for earlier versions in the same product line.

The launch comes days after Anthropic formally initiated its public listing process. The company filed its IPO registration on 26 October and began presenting the transaction to potential investors on 10 November.

The offering could allow Anthropic to raise up to 64.4 billion dollars through the sale of 825 million shares, with an indicative price range of between 70 and 78 dollars per share. The company’s fully diluted valuation could reach approximately 1.4 billion dollars.

Earlier valuation expectations had reached as high as two billion dollars, but were revised downward amid heightened volatility in AI-linked equities and growing investor concern over the sector’s substantial infrastructure costs.

In the third quarter, Anthropic’s revenues reached approximately 17 billion dollars, following growth of 47% compared with the previous three months. Despite the expansion, the pace slowed sharply relative to the second quarter, when growth had reached 144%.

The company also disclosed commitments of close to 900 billion dollars related to computing capacity and infrastructure — a factor expected to remain a focal point for investors throughout the IPO process.

Alongside Fable 5.2, Anthropic launched Claude Mythos 5.2, a model directed at advanced cybersecurity work and life sciences research. Access to that version remains restricted to approved organisations, while Fable 5.2 is available more broadly.

The new generation of models arrives against a backdrop of intensifying competition among the leading artificial intelligence companies, which continue to compete for enterprise customers through faster, more specialised models and increasingly competitive pricing.

Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/?p=560594