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Anthropic targets $1.4 trillion IPO

The Verge · By Stevie Bonifield ·

Anthropic targets $1.4 trillion IPO

The Brief · written from 4 sources

  • Anthropic plans to sell 825 million Class A shares at $70–$78 each in its IPO.
  • At the top of the range, the fully diluted valuation would be $1.404 trillion, per TechCrunch.
  • Reports differ on the amount raised: DEV Community cites up to $64.35 billion, while Bloomberg cites as much as $90.4 billion.

Why it matters

The IPO would make Anthropic a public company and gives a concrete valuation benchmark for frontier AI labs. Public disclosures from the listing may give developers and partners more visibility into the company's finances.

Who’s affected

  • Prospective IPO investors

Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as $1.4 trillion, according to the New York…

Read the full story at theverge.com ↗

Timeline

  1. Anthropic confirmed its IPO plans and set a price range of $70–$78 per share

  2. Bloomberg Technology

    Anthropic Targets $1.4 Trillion Valuation in IPO

  3. AI News & Artificial Intelligence | TechCrunch

    Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion

  4. AI | The Verge

    Anthropic targets $1.4 trillion IPO

  5. DEV Community: ai

    Anthropic plans to raise up to $64,35 billion from its IPO

Full coverage · 4 sources

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