Anthropic IPO targets up to $69.3B raise, valuation as high as $1.4T
Anthropic launched its IPO roadshow on November 10, planning to sell 825 million Class A shares at $70-$78 each on the Nasdaq under the ticker ANT. Regulatory filings indicate a raise of up to $69.3 billion, with a potential fully diluted valuation of up to $1.405 trillion, up from $965 billion in its Series H. The seven co-founders will each sell about $250 million in stock, and the company has made new cloud commitments with Microsoft and Google.
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TechCrunch AIMarina Temkin
The AI company is expected to set its valuation range this week, the Wall Street Journal reported.
Techmeme
Reuters : Filing: Anthropic now aims to raise up to $69.3B in its IPO — Anthropic is aiming to raise as much as $69.3 billion in what could rank among the largest initial public offerings on record, according to a copy of a filing seen by Reuters on Monday.
Echo Wang / Reuters : IPO prospectus: Anthropic's IPO is set to raise up to $64.4B, and the company will also raise $26B via cornerstone investors like Google, AMD, and Nvidia — Anthropic's IPO is set to raise as much as $64.4 billion, a regulatory filing showed on Tuesday, in a landmark test of whether Wall Street's faith …
Anthropic : Anthropic launches its IPO roadshow, saying the company and shareholders plan to sell 825M Class A shares at $70 to $78 each, listing on the Nasdaq under ANT. — Today Anthropic, PBC launched the roadshow for its proposed initial public offering of its Class A common stock.
Anthropic News
Today Anthropic, PBC launched the roadshow for its proposed initial public offering of its Class A common stock.
Ashley Capoot / CNBC : Filing: Anthropic's IPO could give it an up to $1.405T valuation on a fully diluted basis, up from the $965B valuation during its $65B Series H announced in May — Anthropic said it will offer 825 million shares in its upcoming IPO at a price range between $70 to $78 per share …
The Verge AIStevie Bonifield
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 Times . The Wall Street Journal reports that according to its sources, Anthropic is "aiming for its shares to start trading Thursday or Friday next week." As Reuters notes, the Anthropic IPO was previously expected to be valued at as much as $2 trillion. As of last week, Anthropic's rival OpenAI was valued at $1.25 trillion . The initial public offering price is exp … Read the full story at The Verge.
Dylan Sloan / Bloomberg : Updated S-1: Anthropic's seven co-founders will sell $1.75B of stock in next week's IPO, each offering shares worth ~$250M at the midpoint of its IPO range — Anthropic PBC's seven co-founders will sell $1.75 billion of stock between them in next week's initial public offering, according to an updated prospectus released Tuesday.
Aaron Holmes / The Information : Updated S-1: Anthropic commits ~$10B more to Microsoft and Google cloud by 2033; it can cancel a $34.9B Lambda deal over a delay but doesn't currently plan to — Anthropic in the past month inked new commitments with Microsoft and Google to spend roughly $10 billion more to rent cloud servers between …
Each of the seven co-founders plans to sell exactly the same number of shares in the IPO, which would bring each of them about $250 million in cash at the midpoint of the price range while leaving the group in control of the company.
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Anthropic files S-1 for Nasdaq IPO under ticker ANT
Anthropic, PBC filed a Form S-1 with the SEC for an initial public offering on the Nasdaq under the symbol ANT, with the number of Class A shares and price range yet to be determined. The 335-page prospectus reveals strong revenue growth, mounting losses, an unusual governance structure for founder control, and over $800 billion in long-term compute commitments.
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