Anthropic targets valuation of up to $1.4tn in stock market flotation
The developer of the Claude chatbot was widely reported to be targeting a $2tn initial public offering on Wall Street but its sights have been set lower, according to a US regulatory filing on Tuesday.
Key points
- Claude chatbot developer had been reported to be aiming for $2tn IPO on Wall Street before investors cooled on AI Anthropic is seeking a valuation of up to $1.4tn (£1.05tn) in its imminent stock market flotation, short of the $2tn that had been expected before investors started to question the durability of the AI boom.
The AI company behind the Claude chatbot will offer its shares at between $70 and $78, which is lower than what was expected.
The maker of Claude is looking to raise up to $64.4bn in one of the largest IPOs in history next week.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
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Every article behind this summary — 3 articles from 3 outlets
BBC NewsNovember 10, 2026, 5:56 PM UTC →
Al JazeeraNovember 10, 2026, 5:21 PM UTC →
The Guardian WorldNovember 10, 2026, 4:13 PM UTC →
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