{
  "id": 19351106,
  "title": "Anthropic targets valuation of up to US$1.4 trillion",
  "url": "https://urgent.news/2026/11/10/anthropic-targets-valuation-of-up-to-us-1-4-trillion-19351106",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-10T14:17:04.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/11/10/anthropic-targets-valuation-of-up-to-us-1-4-trillion"
  },
  "original_language": "en",
  "account": "Anthropic, the creator of AI agent Claude, announced on Tuesday that it plans to raise up to US$64 billion through its upcoming initial public offering (IPO). This would set the company's total valuation at a maximum of US$1.4 trillion. The AI company aims to sell 825 million shares of Class A common stock at a Wall Street debut price, ranging between US$70.00 and US$78.00 per share. Anthropic had been expected to generate up to US$100 billion in its IPO, making it the largest on record. The stock market debut is being viewed as an indicator of how sustainable the current AI spending boom is for the US economy. Meanwhile, Wall Street is focusing on the aftermath of the US midterm elections, where Democrats secured control of both chambers of Congress and plan to restrain President Trump's policies. Anthropic aims to file for its IPO in the week of Nov 16, announcing updated versions of powerful AI models Fable 5.2 and Mythos 5.2 earlier in the week. The company's revenue grew significantly to US$17 billion in the third quarter, up from US$1.4 billion a year ago. Anthropic's run-rate revenue is now estimated at approximately US$81 billion as of Oct 31, 2026, a US$10 billion increase from the previous quarter. Recent estimates have adjusted the company's valuation to between US$1.3 trillion and US$1.4 trillion.",
  "summary": "The artificial intelligence giant said it plans to raise up to US$64 billion in its upcoming initial public offering.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}