Anthropic seeks up to $1.4 trillion valuation in IPO
Briefing by News4U · First published
Anthropic is seeking a valuation of up to $1.4 trillion in its IPO, planning to raise $64.4 billion by selling 825 million shares priced between $70 and $78 each, with trading expected to start as soon as next week. The company will also raise $26 billion through a private placement with investors including Alphabet, Nvidia, Broadcom, Micron Technology, Microsoft and TSMC. Anthropic reported third-quarter revenue of $16.96 billion, up 47% from the prior quarter, and said its annual revenue run rate reached $81 billion as of 31 October. [1] [2] [3] [4]
Sources
- Anthropic to Seek $1.3 Trillion Valuation in IPO
WSJ Markets · · Summary only
- Anthropic Targets Valuation of Up to $1.4 Trillion for Blockbuster I.P.O.
NY Times · · Summary only
- Anthropic sets modest $1 trillion IPO valuation target
RTÉ Business · · Full text
- Anthropic targets valuation of up to $1.4tn in stock market flotation
The Guardian · · Full text