Anthropic Files for IPO with Potential Valuation Between $1.2 Trillion and $1.4 Trillion
Anthropic, the developer of the Claude AI models, has filed a draft prospectus to sell 825 million shares at a price range of $70 to $78 per share. This offering aims to raise between $57.75 billion and $64.35 billion, potentially listing on the Nasdaq under the ticker ANT as early as next week. The company has also secured a separate $26 billion private placement involving major tech firms including Nvidia, Alphabet, Microsoft, and TSMC. When combined with the IPO proceeds, Anthropic could raise up to $90.4 billion, potentially surpassing the capital raised by SpaceX's recent offering. While the implied valuation of approximately $1.2 trillion to $1.4 trillion represents a significant increase from its May private funding round, it falls below previous speculative estimates of $2 trillion. The company reported strong growth, with annualized revenue estimated at roughly $68 billion based on third-quarter performance.

Tickers: $ANT $GOOGL $MSFT $NVDA $SPCX $TSM
Topics: AI industry Anthropic IPO Stock offering Valuation
Read the full article at Motley Fool
Part of the story Anthropic Launches AI-Powered Office Suite to Target Knowledge Workers Ahead of IPO (6 articles)