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IPO: Error when sending an email – Anthropic accidentally makes IPO targets public

An employee of the startup accidentally sent an email with confidential details to the wrong distribution list. According to this, Anthropic is aiming to raise almost $70 billion.

Translated from German Read in German

IPO: Error when sending an email – Anthropic accidentally makes IPO targets public

Anthropic, a US AI startup, experienced a mishap with its multi-billion dollar initial public offering (IPO) when an employee accidentally sent a document with sensitive information to banks. The document, obtained by Reuters, revealed that Anthropic aims to raise up to $69.3 billion through the IPO, with a planned sale of 867 million shares priced between $70 and $80.

Tech giants including Alphabet, Nvidia, and Microsoft plan to invest $26 billion in a special category of Anthropic shares. The company later retracted the email, stating that details on the pricing were incorrect, and new information would be sent later. Anthropic's management will start a marketing push for the IPO on Tuesday, with the issue price to be determined next week.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at handelsblatt.com →

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