Anthropic Founders Set to Make $250 Million Each From IPO
All seven co-founders of Anthropic will each sell about $250 million worth of shares in the AI company’s upcoming IPO, … Read More The post Anthropic Founders Set to Make $250 Million Each From IPO appeared first on ProPakistani .
The seven co-founders of Anthropic, an AI company, will collectively generate around $250 million each from the company's upcoming initial public offering (IPO), according to their updated S-1 filing with the US Securities and Exchange Commission. Each founder intends to sell 3,378,378 shares of the company's stock. Anthropic has set a share price range of $70 to $78, putting the IPO's implied valuation at approximately $1.4 trillion.
Written by urgent.news from ProPakistani's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.