Anthropic sets IPO price range of $70 to $78 per share, implying $1.404 trillion valuation
AIAnthropic said in an updated IPO filing that it will offer 825 million Class A shares at an estimated $70 to $78 per share, raising $57.75 billion to $64.35 billion. At the top of the range, the company would be valued at $1.404 trillion on a fully diluted basis, and it separately agreed to sell $26 billion of non-voting Class N stock to AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC at the IPO price.
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TechCrunch · AI · Rebecca Bellan, Ram Iyer · techcrunch.comPublished · added here
Original title: Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion