Anthropic sets a $1.4 trillion IPO target, but bankers may already be aiming higher

First reported by Business Insider at Tue 6:00 AM · 9 outlets in all

1. Fortune(subscription required)1hAnthropic sets a $1.4 trillion IPO target, but bankers may already be aiming higherSeveral tech giants are committing $26 billion alongside the offering.
2. The Defiant5hAnthropic’s $1.4 Trillion IPO Target May Rise: ReportThe Nov. 10 share-price range implied a valuation of about $1.4 trillion. Bloomberg subsequently reported, citing the Financial Times, that bankers were weighing $1.5 trillion or more.
3. Wall Street Journal(subscription required)24hAnthropic to Seek $1.3 Trillion Valuation in IPOThe Claude maker’s stock-market debut is seen as a litmus test for investors on edge over the AI trade.
4. New York Times(subscription required)24hAnthropic Targets Valuation of Up to $1.4 Trillion for Blockbuster I.P.O.The A.I. company’s pricing would make it one of the biggest ever public listings. It comes at a volatile moment in markets, with investors questioning the sustainability of the A.I. boom.
5. The Hill24hAnthropic seeks valuation of up to $1.4 trillion for IPOAnthropic is seeking a valuation of up to $1.4 trillion for its blockbuster initial public offering (IPO) expected later this month. In a new filing with the Securities and Exchange Commission (SEC), Anthropic said it is planning to sell 825 million shares between $70 and $78 a share. If the company lists shares at the…
6. Crypto Briefing25hAnthropic targets $1.4 trillion IPO valuation as AI enthusiasm coolsAnthropic's IPO reflects a pivotal moment for AI firms, highlighting potential shifts in market dynamics and investor expectations amid cooling enthusiasm.
7. The Verge25hAnthropic targets $1.4 trillion IPOAnthropic 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 Times. The Wall Street Journal reports
8. Financial Times(subscription required)26hAnthropic targets valuation of up to $1.4tn in IPOThe Claude maker plans to raise as much as $64bn in highly anticipated listing
9. Business Insider(subscription required)27hAnthropic sets IPO price range targeting $1.4 trillion valuationIn a regulatory filing on Tuesday, the AI startup said that shares for the upcoming IPO would be priced between $70 and $78.