Anthropic set a $70-to-$78 price range for its initial public offering
Anthropic set a $70-to-$78-per-share price range for its initial public offering, offering 825 million Class A shares in a sale that could raise up to $64.35 billion, according to an updated filing. At the upper end, the Claude maker would be valued at about $1.4 trillion on a fully diluted basis.
Get The Augerton Digest by email.
TechCrunch said the implied valuation is above Anthropic’s $965 billion May fundraise valuation but below the $2 trillion it was reportedly targeting months ago. The company also agreed to sell $26 billion in non-voting Class N stock privately at the IPO price to AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC, TechCrunch reported.
The New York Post, citing the filing, reported run-rate revenue of about $81 billion at the end of October, up $10 billion from the prior month.
Was this story useful?
What was the main problem? (optional)
Reporting behind this story
- CNBC — Anthropic sets price range of $70 to $78 in upcoming IPO as AI lab marches towards Nasdaq
- Aktualita — Anthropic 2026 IPO: Claude Maker Targets $64.4 Billion, Valuation Hits $1.4 Trillion
- New York Post — Anthropic targets $1.4 trillion market value in blockbuster IPO — down from earlier reported $2 trillion
- TechCrunch — Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion
- Greenwich Time — Anthropic seeks valuation of about $1.3 trillion when it becomes a publicly traded company
- Investor’s Business Daily — Stock Market Today: Dow Falls On Surprise Inflation Data; AI Giant Anthropic Sets IPO Range (Live Coverage)
- San Francisco Chronicle — Anthropic commits $50 million to Bay Area philanthropy as it prepares for $1.4 trillion valuation