Sources: Anthropic's bankers are weighing plans to raise its IPO price following heavy demand, which could increase the valuation target to $1.5T or more (Financial Times)

Anthropic, the developer of the Claude AI chatbot, has filed with the US Securities and Exchange Commission to sell 825 million shares of Class A common stock. According to RTHK News - Finance and France 24, the company aims for a price estimate between $70.00 and $78.00 per share, which would raise up to $64.3 billion. This filing puts the firm's valuation at approximately $1.4 trillion, though Japan Today reports the company is looking for a valuation of roughly $1.3 trillion.

The Financial Times reports that bankers are considering raising the IPO price due to heavy investor demand, which could increase the valuation target to $1.5 trillion or more. RTHK News - Finance notes the company has been aiming to hold the offering during the week of November 16.

Regarding recent performance, RTHK News - Finance states that Anthropic's third-quarter revenue reached $17 billion, up from $1.4 billion a year earlier. The company also recently announced updated versions of its AI models, Fable 5.2 and Mythos 5.2, which it claims can perform 30 percent faster than previous versions.

Brief written by urgent.news from Techmeme, RTHK News - Finance, France 24 Business, France 24, Japan Today — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.