Anthropic AI IPO oversubscribed, could value company at up to $1.41tn

Anthropic’s initial public offering has been reported as six‑times oversubscribed, positioning it as one of the largest IPOs in history.

The company priced its shares at $70‑$78 each earlier this week, which could give it a prospective valuation of between $1.26 trn and $1.41 trn. Anthropic aims to raise around $64 bn in the offering, and it has secured $26 bn of stock purchase commitments from investors including Google, Nvidia, AMD, Broadcom, Micron, Microsoft and TSMC.

Bloomberg sources say the final demand figures could still change. To boost interest, Anthropic is holding a series of investor events, including a livestreamed session with CEO Dario Amodei and JPMorgan Chase CEO Jamie Dimon on 13 November.

Last year’s funding round valued Anthropic at $965 bn, making it one of the world’s biggest private firms. The company reported $33.2 bn of revenue in the first nine months of this year, a rise of more than 1,200 % on the same period last year, while its operating loss fell from about $5.2 bn to $1.2 bn.

Anthropic is expected to list on the Nasdaq Global Select Market under the ticker “ANT” later this month, and it has pledged multibillion‑dollar spending commitments with Microsoft, Google, Amazon and SpaceX over the coming years.

Source: Silicon Republic. Photo: AlphaTradeZone / Pexels.