San Francisco’s luxury dealers are salivating at Anthropic IPO, bracing for ‘tidal wave’ of cash to hit their coffers

Source: New York Post

Anthropic filed for its hotly anticipate IPO on Monday — potentially the biggest initial offering in history — and the San Francisco area’s luxury markets are banking on big business from freshly flush AI employees and early investors. “Their budgets are just getting bigger and bigger the longer they’re looking, because simply the valuations of the companies are growing, so they’re able to afford more,” Redfin agent Kelley Krock told The Post. For one buyer at a major AI company, finding the perfect house could wait.