Anthropic prices shares at $70‑$78, targeting up to $1.41 trn valuation

Anthropic has priced its common stock between $70 and $78 per share, aiming for a valuation of $1.26 trn to $1.41 trn in what is expected to be one of the largest initial public offerings in history.

IPO details and financial performance

The pricing, disclosed in a filing on 10 November, follows the company’s decision in June to list under the ticker “ANT” and a subsequent delay to mid‑November. The share price would place the newly public AI firm below earlier expectations of a $2 trn valuation.

Anthropic’s most recent funding round earlier this year valued the business at $965 bn, making it one of the world’s biggest private companies. Revenue for the first nine months of the year rose to $33.2 bn, a more than 1,200 % increase from $2.5 bn in the same period last year. Operating loss fell from around $5.2 bn to $1.2 bn, while net loss remained about $104 bn.

Alongside the IPO, the company plans to raise up to $26 bn from investors including Advanced Micro Devices, Broadcom, Google, Micron, Nvidia, Microsoft and Taiwan Semiconductor Manufacturing Corporation. Google and Nvidia are jointly purchasing $20 bn of shares, according to the filings.

Source: Silicon Republic. Photo: Alesia Kozik / Pexels.