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

techcrunch.com3 min read

Anthropic has updated its IPO filing to set a price range of $70 to $78 per share, targeting an implied valuation of up to $1.404 trillion. The company plans to offer 825 million Class A shares and expects to raise between $57.75 billion and $64.35 billion, with trading on the Nasdaq slated for November 19. Additionally, Anthropic secured private stock purchase agreements totaling $26 billion from major technology firms including Google, Nvidia, Microsoft, and others. Open article →

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