Anthropic Sets IPO Price Range at $70 to $78, Valuing Company at Up to $1.4 Trillion

Bullish-0.24%
10 Nov, 14:06
Source: Decrypt

AI Summary

Anthropic sets an IPO price range of $70-$78 valuing the company up to $1.4 trillion, backed by a $26 billion private placement from Nvidia and Google, signaling strong institutional confidence in the AI sector.

The Claude developer is also lining up $26 billion from Nvidia, Google and other tech giants in a private placement alongside the listing.