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Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing shows

Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing shows

Anthropic, an AI lab, plans to sell up to $3.5 billion worth of shares to Japanese investors as part of its US public listing, according to a filing on Monday. The company will use the proceeds from the new shares to raise working capital and cover operating expenses and capital expenditures. The filing did not disclose the size or valuation of the IPO.

Estimates suggest that the company could be valued at around $1.5 trillion, as reported by Reuters. The size of the IPO is significant, as seen in SpaceX's IPO in June, where Japanese investors secured shares worth $2.2 billion of the $75 billion raised.

Written by urgent.news from Channel News Asia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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