# Anthropic sets $70 to $78 IPO price range, targets up to $1.405 trillion valuation

> Original title: Anthropic sets price range of $70 to $78 in upcoming IPO as AI lab marches toward Nasdaq

- Source: CNBC · Technology
- Published: 2026-11-10T12:01:06.000Z
- Bad Influence: https://badinfluence.news/items/nx0l9qcw13yax6lipcwpme1d9
- Original: https://www.cnbc.com/2026/11/10/anthropic-sets-price-range-of-70-to-78-in-upcoming-ipo.html

## Summary

Anthropic 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. The company could be valued at up to $1.405 trillion on a fully diluted basis, up from $965 billion in May.

## Why 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.