AI Developer Anthropic Eyes Up to $1.4 Trillion Valuation in Upcoming IPO

AI firm Anthropic, creator of the Claude chatbot, is preparing for an Initial Public Offering (IPO) with a potential valuation of up to $1.4 trillion. Investors have shown significant demand, with interest reportedly six times the available shares. The company plans to offer 825 million shares at prices between $70 and $78 each, aiming for a total offering of up to $64.4 billion.

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