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Anthropic Prepares IPO Roadshow Targeting Valuation of at Least $1.4 Trillion

AI · First reported 10 Nov, 17:22 · Updated 17:31

Image: Wikimedia Commons · Francis Matahum · CC BY-SA 4.0

Artificial intelligence lab Anthropic is preparing to launch an initial public offering roadshow, seeking a valuation of approximately $1.4 trillion to $1.5 trillion or more. The planned listing follows filings earlier this year and contrasts with rival OpenAI, which paused its public offering plans.

  • Anthropic announced preparations for an IPO roadshow to present to potential investors, evaluate interest, and establish a final share price.
  • The company is seeking a public valuation of about $1.4 trillion, making it the first frontier artificial intelligence lab to pursue an initial public offering.
  • Bankers are preparing to potentially elevate the targeted IPO valuation to $1.5 trillion or higher following strong demand from prospective investors.
  • Anthropic is evaluating a price range between $70 and $78 per share, aiming to determine pricing on November 18 and begin trading on November 19.
  • Financial disclosures show Anthropic generated $4.6 billion in revenue last year alongside a $42 billion loss, with $518 billion planned for future infrastructure and cloud obligations.
Summary written by Sumzly from 5 articles

Key facts

Targeted IPO valuation
$1.4 trillion to $1.5 trillion or more
Anticipated share price range
$70 to $78 per share
Target pricing date
November 18
Target public debut date
November 19
Previous year revenue
$4.6 billion
Previous year net loss
$42 billion

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