Anthropic targets $1.3 trillion valuation in potentially record-breaking IPO
Anthropic seeks valuation of about $1.3 trillion when it becomes a publicly traded company
Artificial intelligence firm Anthropic is targeting a staggering $1.3 trillion valuation for its anticipated initial public offering (IPO), according to a regulatory filing. The company, known for its popular Claude chatbot, plans to issue 825 million shares priced between $70 and $78 each. This would allow the San Francisco-based firm to raise more than $61 billion, potentially making it the largest IPO in history, surpassing SpaceX's $86 billion offering in June.
If successful, Anthropic would also become the first AI company to go public after OpenAI, further solidifying its position in the competitive AI landscape. Despite the IPO, Anthropic has yet to turn a profit, with revenue growing to over $16 billion in the first half of the year, a 14-fold increase from the same period last year.
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Also reported by 6 other outlets
- Anthropic seeks valuation of about $1.3 trillion when it becomes a publicly traded company winnipegfreepress.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
