Anthropic’s IPO could raise up to $64.4 billion, draft prospectus shows
The AI company and some of its investors plan to sell shares at an indicative $70–78 each, Reuters reported, setting up one of the largest stock market listings on record.
Anthropic’s initial public offering is set to raise as much as $64.4 billion, according to the latest draft prospectus seen by Reuters on Tuesday, 10 November, as the AI company prepared to start marketing the deal to investors.
Price range
The company and some existing investors plan to sell shares in an indicative band of $70 to $78 per share. Deal details are expected soon; Anthropic did not immediately comment, Reuters said. Sardaana.org reported earlier that the company had filed for a Nasdaq listing in October.
Why markets care
At that size, the offering would be one of the biggest IPOs on record and could force other AI heavyweights to compete harder for investor money, Reuters noted. “The easy AI trade, where you could buy any company that was part of the AI ecosystem and make money from a general optimism about AI’s potential, is mostly done,” NYU Stern finance professor Aswath Damodaran wrote, as quoted by Reuters. Nasdaq 100 futures were down about 0.35% early on Tuesday as investors weighed the IPO details and the controversy around Nvidia’s CEO.
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