Anthropic, which is in talks for a new round of VC funding that would value the AI company at $300 billion, has retained the California law firm Wilson Sonsini to advise it on IPO issues, the FT said, with an eye on going public in 2026. The company denied it has made any such plans. Going public would give the company a vast new war chest of cash with which to compete against Sam Altman's OpenAI.
The dawn of the artificial intelligence (AI) era for creative agencies is upon us and it will represent a massive sea change in how work is produced forever. Agencies will all soon be using readily available and easy-to-adopt smart-copy generation tools like Jasper for content creation, hyper-charging SEO results with Surfer and making royalty-free music for campaigns with platforms like Boomy.
In less than three years, Midjourney's ARR went from zero to $200 million. In 20 months, ElevenLabs, a voice AI startup, saw its ARR soar from zero to near $100 million. In three months, vibe coding darling Lovable went from zero to $17 million in ARR, this summer hitting $100 million in ARR. In its first six months, Decagon hit "seven figures" in ARR, the company reported.
"It's such a critical part of the internet," Sinha, a partner at Point72 Ventures, said regarding the creator economy's enduring significance. He noted that initial hype might have subsided but remains confident in its importance.