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Anthropic set to finalize $15 bln credit facility ahead of IPO - Bloomberg

Anthropic set to finalize $15 bln credit facility ahead of IPO - Bloomberg

Anthropic is set to finalize a $15 billion credit facility expansion, according to Bloomberg News, as it prepares for a significant initial public offering. Leading the process is Morgan Stanley, with Goldman Sachs, JPMorgan Chase, and Citigroup playing prominent roles, alongside Wells Fargo, Bank of America, Deutsche Bank, Royal Bank of Canada, and UBS.

This substantial credit line is expected to surpass Anthropic's $10 billion target and its previous $2.5 billion facility. The Claude chatbot company has already surpassed $65 billion in annualized revenue, with an IPO potentially raising as much as SpaceX. The final details of the credit facility may still change.

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