Anthropic sets IPO price range in vast AI listing
Anthropic plans to offer 825 million shares at $70 to $78, with trading expected to start November 19. It could raise up to $64.4 billion at a valuation over $1 trillion. Retail offering opened in Australia.
Why it matters
It tests investor appetite for AI companies.
Background
Anthropic makes the Claude chatbot.
The story so far
- Anthropic and Musk pledge public share giveaways
- Anthropic files for IPO
- Anthropic files for IPO
- Anthropic IPO filing warns some AI risks may be uninsurable
- Google space data center prototype works
- Anthropic reports $17 billion Q3 revenue ahead of IPO
- Anthropic sets IPO price range in vast AI listing
Sources
- CNBC ↗Nov 10, 10:42 AM ET
- CBC News ↗Nov 10, 9:20 AM ET
- France 24 ↗Nov 10, 4:39 PM ET
This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.