# Bad Influence story: Anthropic sets $70 to $78 IPO price range for 825 million shares

Active · 1 article · 1 source · First reported 11-10 07:01. Times are ET.
Story page: https://badinfluence.news/story/62404ab0-95b0-4350-8e0f-5643182e76cb

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[Bad Influence external source material begins]
Latest update (11-10 07:01): Anthropic sets $70 to $78 IPO price range, targets up to $1.405 trillion valuation

Overview: Anthropic said in an updated filing that it will offer 825 million shares at $70 to $78 each in its upcoming IPO, netting up to $64.35 billion at the top of the range. The company could be valued at up to $1.405 trillion on a fully diluted basis, up from $965 billion in May, according to CNBC.

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 filing said.

Coverage timeline (newest first):
1. 11-10 07:01 · CNBC · Technology · [Anthropic sets $70 to $78 IPO price range, targets up to $1.405 trillion valuation](https://badinfluence.news/items/nx0l9qcw13yax6lipcwpme1d9)
[Bad Influence external source material ends]

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