Urgent.News

What's breaking now, across thousands of outlets.

AI

Amazon security robots ๐Ÿค–, Anthropic IPO price ๐Ÿ’ฐ, modern web guidance ๐Ÿ‘จ๐Ÿ’ป

Several leading UK investment platforms have begun accepting orders from retail investors for shares in Anthropic, as the company prepares for what could be one of the largest IPOs ever. The AI firm plans to list on the Nasdaq on November 19 and targets a valuation of $1.4 trillion (ยฃ1.1 trillion), according to recent filings. Investment banks are now considering increasing the IPO price due to strong demand.

RetailBook, a London-based fintech platform, has been appointed to coordinate the UK retail offer, with Anthropic issuing 825 million shares at an estimated price of $70 to $78 per share. Twenty percent of the offering is set aside for retail investors. It's unclear exactly how many shares will be issued to UK investors, but under US listing rules, Anthropic is utilizing the Financial Conduct Authorityโ€™s public offer platform (POP) to allow UK investors access, as most IPOs are typically off-limits to international retail investors.

Platforms participating in the share sale include AJ Bell, Hargreaves Lansdown, Robinhood, Interactive Investor, Interactive Brokers, Revolut and Etoro. Investors have until November 18 to purchase shares. Minimum investment requirements among the participating platforms vary, with Hargreaves Lansdown requiring a minimum investment of ยฃ250 per client and AJ Bell opting for a minimum of ยฃ1,000 per investor.

The decision to include retail investors in the IPO is attributed to the success of SpaceX's UK share sale in June, which saw over 100,000 UK investors apply for more than $1 billion of the company's stocks. Some investors were able to benefit from a first-day pop of 19.2 percent, though Anthropic's share price has since experienced a post-IPO decline. Despite this, the IPO remains popular with UK investors, who, like SpaceX's clients, stand to gain from a deeper, more diverse pool of demand.

Written by urgent.news from City AM's reporting โ€” not their text. Machine-written โ€” may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at tldr.tech โ†’

More in AI

How I Built an In-Browser AI Image-to-Image Studio with Character Consistency (Next.js, Cloudflare Pages & FLUX.1)

When generating images with modern AI models, one of the most frustrating limitations is character and composition drift .

  • Photo2Photo AI platform focuses on preserving subject identity during transformations
  • Dual-tier AI inference pipeline uses ByteDance Seedream 5.0 Flash and FLUX.1 Kontext Pro
  • Client-side WebP compression reduces upload times from 4.2s to 320ms

More from Wednesday 11 November โ†’