Anthropic files for IPO targeting up to $1.4 trillion valuation

Briefing by News4U · First published

Anthropic filed with the SEC on Tuesday to sell 825 million shares at $70–$78 each, aiming to raise up to $64.4 billion and reach a $1.4 trillion valuation on a fully diluted basis, down from earlier $2 trillion expectations. The company also plans a $26 billion private placement with investors including Google, Nvidia and AMD. Revenue reached $17 billion in Q3, with a run-rate of $81 billion as of October 31. The IPO is viewed as a test of investor appetite for AI amid cooling sentiment and post-election market volatility. [1] [2]

Sources

  1. Anthropic eyes $1 trillion US valuation in hotly anticipated IPO that's a key test for AI market

    CBC World · · Excerpt

  2. Anthropic targets valuation of up to US$1.4 trillion

    RTHK Finance · · Excerpt

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