Anthropic preparing IPO targeting up to $64.4 billion at about $1.02 trillion valuation
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Amazon (NASDAQ:AMZN) backed Anthropic is preparing one of Wall Street's biggest initial public offerings, targeting as much as $64.4 billion from a share sale that could value the artificial intelligence developer at approximately $1.02…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralOne of the largest IPOs ever in AI would test investor enthusiasm for the AI sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Anthropic targets up to $64.4 billion from a share sale.
- 02The proposed valuation is approximately $1.02 trillion.
- 03According to its November 10 regulatory filing, Anthropic plans to sell 825 million shares.
- 04The developer builds the Claude family of AI models and assistants.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Amazon.com, Inc.268.34 USD-0.04%today +0.53%Neutral Alphabet Inc.286.30 USD+0.12%today -0.64%Neutral Microsoft Corporation529.88 USD-0.04%today -2.81%Neutral NVIDIA Corporation167.38 USD+0.38%today -6.32%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets