Anthropic’s potential record IPO draws orders for six times the shares available
Firm is targeting a fully diluted valuation of about US$1.4 trillion, below where some investors expected the company to settle
Anthropic's highly anticipated initial public offering (IPO) is generating significant interest, with orders for six times the shares available, according to sources familiar with the matter. The AI model firm and its co-founders aim to raise up to US$64.4 billion through the IPO and an additional US$26 billion in a private placement, making the offering larger than SpaceX's IPO and potentially the biggest first-time share sale ever.
Bankers have indicated that existing backers will be prioritized, but some buyers may receive smaller allocations than anticipated.