GoKawiilAnthropic prices IPO shares at $70-$78, targeting up to $1.4 trillion valuation
Anthropic filed updated IPO terms offering 825 million Class A shares priced between $70 and $78, which could raise up to $64.35 billion and value the company at as much as $1.404 trillion fully diluted. Separately, the company said it will sell $26 billion in non-voting Class N stock directly to AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC, with Google and Nvidia each putting in $10 billion. Anthropic plans to begin trading on the Nasdaq under ticker 'ANT' around November 19, and disclosed run-rate revenue of $81 billion as of late October.