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Anthropic targets valuation of up to $1.4tn in stock market flotation

Source: World news | The Guardian · Published

Anthropic targets valuation of up to $1.4tn in stock market flotation
Source: World news | The Guardian

Claude chatbot developer had been reported to be aiming for $2tn IPO on Wall Street before investors cooled on AI Anthropic is seeking a valuation of up to $1.4tn (£1.05tn) in its imminent stock market flotation , short of the $2tn that had been expected before investors started

Claude chatbot developer had been reported to be aiming for $2tn IPO on Wall Street before investors cooled on AI Anthropic is seeking a valuation of up to $1.4tn (£1.05tn) in its imminent stock market flotation , short of the $2tn that had been expected before investors started to question the durability of the AI boom. The developer of the Claude chatbot was widely reported to be targeting a $2tn initial public offering on Wall Street but its sights have been set lower, according to a US regulatory filing on Tuesday. Continue reading...

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Anthropic targets $1.4 trillion IPO
Technology & AI

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 The New Y

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