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Anthropic heads for lower than expected $1.3 trillion valuation in stock market debut
Source: feeds.bbci.co.uk · Published
The AI company behind the Claude chatbot will offer its shares at between $70 and $78.
The AI company behind the Claude chatbot will offer its shares at between $70 and $78.
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Anthropic targets $1.4 trillion IPO
Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as $1.4 trillion, according to the New York
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Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion
The company could end up being worth a hefty $1.404 trillion if its shares list at the top of the price range, on a fully diluted basis.
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The AI company is expected to set its valuation range this week, the Wall Street Journal reported.
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Anthropic releases new Mythos and Fable models amid RSI concerns
Anthropic says the new models "show improvements in areas like coding, reasoning, and vision," as well as in communicating more clearly with users.
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Elvis Presley's Rights Owners Sue Anthropic Over 274 Songs Used to Train Claude
The owners of Elvis Presley's music catalogue have sued Anthropic, alleging Claude was trained on 274 songs without permission, seeking up to $150,000 per song — about $41.1 million — in a case that could shape how AI companies use music.
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