Anthropic targets valuation of up to $1.4tn in stock market flotation

Covered by 9 sources
Read onThe Guardian· 2 min
Anthropic plans an IPO valuing the company up to $1.4 trillion, lower than the previously expected $2 trillion, amid investor concerns about AI market sustainability. The company aims to raise $64.4 billion through share sales and an additional $26 billion via private placement with investors like Alphabet and Nvidia.

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