Anthropic Targets $1.4T Valuation in IPO
Anthropic aims for a valuation of up to $1.4 trillion in its upcoming initial public offering. The AI lab and its backers plan to raise billions through share sales and private placements, serving as a major test of investor appetite.
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Anthropic is targeting a valuation of up to $1.4 trillion in an initial public offering aiming to raise $64.4 billion by selling 825 million shares. The offering prices shares between $70 and $78 apiece, seeking proceeds roughly 20% below initial market expectations. This listing serves as a major valuation test for investor appetite following years of heavy capital inflows into artificial intelligence.
