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Anthropic's implied valuation on secondary market platforms has surged to approximately $1.2 trillion, representing a 550% increase year-over-year as investors clamor for shares in the AI startup ahead of a potential initial public offering later this year.

ElevenLabs, the AI voice startup, is in early discussions with investors about a secondary tender offering that would value the company at roughly $22 billion, according to Bloomberg. The proposed transaction would allow employees to sell shares, with the tender…