BREAKING. Anthropic $Anthropic(ANT.US) just set its IPO price range at $70 to $78 a share, valuing the AI lab at up to $…
BREAKING. Anthropic $Anthropic(ANT.US) just set its IPO price range at $70 to $78 a share, valuing the AI lab at up to $1.405 trillion fully diluted
That's up from the $965 billion valuation in its May funding roundAnthropic is offering 825 million shares, raising up to $64.35 billion at the top of the rangeOn top of that, $Alphabet(GOOGL.US) $NVIDIA(NVDA.US) $AMD(AMD.US) $Broadcom(AVGO.US) $Micron Tech(MU.US) $Microsoft(MSFT.US) and $Taiwan Semiconductor(TSM.US) agreed to buy $26 billion of stock at the IPO price in a private placementAll in, that's up to $90.4 billion, which would top SpaceX's record $85.7 billion raise from JuneThe stock will trade on the Nasdaq under ANT, with the debut expected in mid-NovemberUntil recently Anthropic was eyeing a $2 trillion valuation, and last week some investors called even $1.5 trillion a stretch. The companies writing $26 billion in checks are mostly the same ones supplying Anthropic's chips and cloud, so this IPO becomes the first real public market test of what frontier AI is actually worthSource: StockMarket.News
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