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EQUIPThe Verge · 3d ago

Anthropic targets $1.4 trillion IPO

Executive Brief

The 30-second read

Anthropic has confirmed plans for an initial public offering with a projected valuation reaching up to $1.4 trillion. Shares are expected to price between $70.00 and $78.00, marking one of the largest market debuts to date.

  • 01Targeted valuation of $1.4 trillion positions the offering among the largest historical IPOs
  • 02Projected share price range is established between $70.00 and $78.00
  • 03Current valuation estimates fall short of previous internal and market expectations
  • 04Anthropic confirmed Tuesday that the listing remains on track despite adjusted valuation metrics

AI-generated summary · Verify at source

Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as $1.4 trillion, according to the The New York Times. The Wall Street Journal […]