Anthropic sets $70 to $78 IPO price range, targets up to $1.405 trillion valuation
AIAnthropic said in an updated filing that it will offer 825 million shares at $70 to $78 each, netting up to $64.35 billion at the top of the range. Seven chipmakers and cloud companies, including Nvidia, Microsoft, and Google, agreed to buy $26 billion of Class N stock in a private placement at the IPO price.
AIWhy it matters.
The filing gives the IPO's share count, price range, and proceeds, plus the $26 billion private placement, which shows how the offering is structured and priced.
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CNBC · Technology · cnbc.comPublished
Original title: Anthropic sets price range of $70 to $78 in upcoming IPO as AI lab marches toward Nasdaq