Anthropic Targets $1.4 Trillion Valuation in Upcoming IPO

Anthropic has confirmed plans for an initial public offering, aiming to begin trading its Class A common stock on the Nasdaq Global Select Market as early as next Thursday or Friday. The company is expected to price its shares between $70.00 and $78.00 under the ticker symbol 'ANT'. While the projected $1.4 trillion valuation falls short of previous estimates that reached $2 trillion, it remains highly significant. If successful, the offering would position Anthropic as one of the world's most valuable publicly traded companies, surpassing the recent $1.25 trillion valuation of its primary competitor, OpenAI.

By Stevie Bonifield · The Verge ·

Anthropic Targets $1.4 Trillion Valuation in Upcoming IPO

Tickers: $ANT

Topics: AI Anthropic IPO Nasdaq

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