Anthropic targets record $69.3B IPO
Anthropic is seeking up to $69.3B at $70-80 a share, with seven tech giants buying $26B via private placement. It also told bankers its filing contained incorrect figures.
What we know
Reuters-sourced reports say Anthropic is seeking up to $69.3B, among the largest IPOs ever, selling about 866.7M shares at $70-80. One calculation implies a fully diluted valuation of roughly $1.27T-$1.45T, below earlier expectations, with trading possibly starting next week on Nasdaq under ANT (per market news accounts, unconfirmed beyond Reuters' reporting). Google, Nvidia, AMD, Broadcom, Micron, Microsoft and TSMC are reported to be putting in $26B via private placement. Anthropic reportedly told bankers incorrect figures were in the filing, with updated numbers to follow, per Reuters.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.