Wall Street's AI Reckoning Week: A Blockbuster IPO Filing, a $95 Billion Raise and Big Tech's Earnings Test

American companies are betting hundreds of billions on artificial intelligence. Over the next four days, investors find out whether the payoff is arriving fast enough.

By Clara Hughes

America's artificial intelligence boom put its biggest numbers on the table Monday, and the week is only getting started. Anthropic, the San Francisco maker of the Claude AI models, filed publicly for an initial public offering. Meta announced plans to raise up to $95 billion to fund its AI build-out. And by Thursday night, Alphabet, Microsoft and Amazon will all have reported quarterly results that investors will read as a verdict on the AI spending spree. Stocks liked the start. The Dow Jones Industrial Average rose 146.42 points, or 0.28%, to 52,361.58 on Monday, CNBC reported. The S&P 500 gained 0.7% to 7,676.77 and the Nasdaq Composite 0.82% to 26,169.38. Chip stocks led, after back-to-back weekly losses for the S&P 500 and the Nasdaq. The filing everyone was waiting for Anthropic said it filed a Form S-1 registration statement with the Securities and Exchange Commission and intends