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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 .

Anthropic Founders Set to Make $250 Million Each From IPO

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.

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