Anthropic Said to Raise IPO Valuation to at Least USD1.5T, May Price Share Above USD78 Upper End

Less than a day after Anthropic disclosed plans to go public next week at a valuation of USD1.4 trillion, the company received strong investor demand for the IPO and is evaluating raising the offer price to lift the target valuation to USD1.5 trillion or above, Financial Times, citing sources, reported.

Prior to this, Anthropic had announced an IPO price range of USD70-78 per share, with plans to issue 820 million shares to raise USD64.35 billion. The company is anticipated to price the offering next Wednesday (18th) and list next Thursday (19th).

Anthropic is reportedly expected to raise the share price to above USD78. The latest pricing would also increase the total IPO fundraising amount to more than USD100 billion. Sources said Anthropic's current priority is to raise as much capital as possible through the listing to support massive spending on computing power, rather than maximizing the company's valuation.