Anthropic seeks valuation of about $1.3 trillion when it becomes a publicly traded company
Anthropic, an artificial intelligence company, is aiming to achieve a $1.3 trillion valuation during its initial public offering (IPO). The company, known for its Claude chatbot, plans to sell 825 million shares priced between $70 and $78 each. This would allow Anthropic to raise over $61 billion in revenue, marking an IPO among the largest ever. However, the company has yet to turn a profit, and has been criticized for being part of a potential AI bubble due to high costs associated with building AI technology.
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Also reported by 6 other outlets
- Anthropic targets $1.3 trillion valuation in potentially record-breaking IPO gulfnews.com
- Anthropic targets $1 trillion IPO valuation in key test for AI market channelnewsasia.com
- Anthropic targets $1 trillion valuation with record IPO and placement plans cityam.com
- Filing: Anthropic's IPO could give it an up to $1.405T valuation on a fully diluted basis, up from the $965B valuation during its $65B Series H announced in May (Ashley Capoot/CNBC) cnbc.com
- Anthropic targets valuation of up to $1.4tn in IPO ft.com
- Anthropic values itself at nearly $1.3 trillion, according to new IPO filing abcnews.com
