From YourStory
Center Owned by YourStory MediaAnthropic targets upto $1.4T valuation with $70 to $78 IPO price range
What's behind this
Anthropic, the company behind the Claude chatbot and founded five years ago by a breakaway group from OpenAI, is preparing a Nasdaq IPO with a $70‑$78 per‑share price band and a target valuation of a trillion dollars, and major companies and investors are committing billions to the offering.
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center · 4 outlets
Artificial intelligence company Anthropic on Tuesday announced the launch of its initial public offering (IPO) roadshow, seeking to raise up to USD 64.35 billion through the sale of 825 million shares, with an expected price range of USD 70 to USD 78 per share.
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right · 2 outlets
An $81 billion annualised revenue run rate, nearly $900 billion in infrastructure commitments and a $1 trillion valuation target. Anthropic's IPO will put the AI investment boom to the test.
RSS excerpt
Anthropic will be valued at $1.41 trillion at the upper end of its IPO price band and the shares will be traded on Nasdaq.