Anthropic targets $90 billion IPO at $1.4 trillion valuation
Anthropic PBC is preparing for an initial public offering aiming for a fully diluted valuation of $1.4 trillion. The company plans to raise up to $90.4 billion, including a private placement with major investors. It has reported a revenue run rate of $81 billion, showcasing significant growth in recent months. The IPO is scheduled to price on November 18 and begin trading the next day.
Anthropic PBC is aiming for a $1.4 trillion fully diluted valuation in its upcoming IPO, seeking to become the first AI research lab to go public. The company plans to raise up to $90.4 billion, with $64.4 billion through the base offering and $26 billion via a private placement. Shares will be priced between $70 and $78, with Anthropic offering 801.4 million shares and investors selling 23.6 million.
The private placement would include buyers like AMD, Broadcom, Google, Micron, Microsoft, Nvidia, and TSMC. The IPO is set to price on November 18, with trading to begin the following day.
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