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Anthropic targets $1.4 trillion IPO

Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share and according to the Wall Street Journal's sources, Anthropic is "aiming for its shares to start trading Thursday or Friday next […]

Anthropic targets $1.4 trillion IPO

Anthropic is on track to become one of the world's most valuable publicly traded companies following its expected IPO next week. The company revealed on Tuesday that its IPO could be among the largest ever, although it fell short of earlier projections. Anthropic's IPO price is anticipated to fall between $70.00 and $78.00 per share.

According to sources cited by the Wall Street Journal, Anthropic is "aiming for its shares to start trading Thursday or Friday next week." The initial public offering price is projected to be between $70.00 and $78.00 per share. Recently, Anthropic's rival OpenAI was valued at $1.25 trillion.

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

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