Australia's largest bank Commonwealth Bank may cash in billions of AUD from Anthropic's IPO

Commonwealth Bank of Australia is expected to cash out through Anthropic's initial public offering (IPO), with the value of its Anthropic shares purchased a year ago rising from $153 million AUD to $1.53 billion AUD. If Anthropic goes public at a $200 billion valuation, the bank's holdings are expected to be worth about $3.2 billion AUD. The two parties also collaborate on promoting AI technology, with some Commonwealth Bank engineers participating in Anthropic's newly launched AI skills training program.