Anthropic bankers prepare to increase IPO valuation to $1.5tn or more

Anthropic's bankers are weighing plans to increase the company's initial public offering valuation to $1.5 trillion or more following heavy investor demand. Sources familiar with the matter indicate that the share price may be raised above the initial $70 to $78 range, potentially pushing total funds raised past $100 billion. The listing comes as the company continues heavy spending on computing power and infrastructure to support its AI operations. Open article →