Anthropic seeks valuation up to $1.4tn in stock market listing
Anthropic is seeking a valuation of up to $1.4tn (£1.05tn) in its imminent stock market flotation. The company behind the Claude chatbot plans to raise $64bn and will offer shares at between $70 and $78. It had been reported to be aiming for a $2tn valuation before investors cooled on AI.
Anthropic is seeking a valuation of as much as $1.4tn (£1.05tn) as it prepares for an imminent stock market flotation. The AI company, which developed the Claude chatbot, plans to raise $64bn in the listing. Shares will be offered at between $70 and $78.
The valuation target follows earlier reports that Anthropic had been aiming for a $2tn valuation on Wall Street. Investors have since cooled on AI, according to the reports, and the company is now seeking a lower figure.
The flotation would be a major stock market listing for the company behind Claude. The planned share price range and the amount to be raised were included in coverage of the listing. The flotation is described as imminent, though no date was given in the summaries.
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