Update
Anthropic’s $1.4 Trillion IPO Details Released
Anthropic has set the IPO price range for its $1.4 trillion IPO at $70 to $78 per share, raising approximately $64.4 billion. The IPO is expected to start trading on Nasdaq under the ticker ANT on November 19. The company is worth $916 billion to $1.02 trillion on basic shares, or up to $1.405 trillion fully diluted. Major investors now see the company landing closer to $1 trillion after a recent AI selloff. Anthropic also received a $26 billion private placement of non-voting Class N stock from seven of its compute suppliers, including Google, Nvidia, and Microsoft.