Anthropic eyes $1.4 trillion valuation in blockbuster IPO
US firm Anthropic, the company behind the Claude AI chatbot, has announced it will offer 825 million shares at a price between $70 and $78 apiece during its planned IPO.
- The blockbuster IPO will come at a time investors are becoming increasingly concerned about risks associated with the AI boom.
- The AI giant will offer 825 million shares in the IPO that will trade on the Nasdaq under the stock symbol ANT.
- This will give the firm a valuation of around 1.4 trillion dollars.
Anthropic has set a $70 to $78 a share range for its initial public offering, pricing that would value it at over $1.4 trillion at the high end.
Artificial intelligence giant Anthropic is looking for an approximately $1.3 trillion valuation in an initial public offering despite new questions about money in the sector.
- But first, chip giant Nvidia continues to face pressure over its CEO's love affair with a suspected Chinese spy.
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