From AI Insider · James Dargan · · 1m
Anthropic Targets $1.4T Valuation in Nasdaq IPO
Anthropic aims for $1.4 trillion valuation in Nasdaq IPO as Claude expands workplace features.
In brief
Anthropic aims for $1.4 trillion valuation in Nasdaq IPO as Claude expands workplace features. Anthropic plans Nasdaq IPO with $1.4 trillion valuation, targeting $70-$78 per share, while launching workplace AI tools. Originally reported by AI Insider.
IPO Price Range
Anthropic sets $70-$78 per share price range for Nasdaq IPO with 825 million Class A shares.
Valuation Target
Anthropic targets $1.404 trillion valuation, up from $965 billion in May funding round.
Retail Allocation
Up to 20% of IPO shares allocated to retail investors, with Goldman Sachs and Morgan Stanley as underwriters.
Founders Selling Shares
Seven co-founders each sell 3,378,378 shares, targeting $236-$264 million each at IPO price.
Workplace Features
Claude Meetings, Whiteboards, Sheets and Data launch as Anthropic competes with major tech firms.
Revenue and Losses
Run-rate revenue reached $81 billion by end of October, with $104 billion net loss and $900.9 billion compute commitments.
Here's the gist
Anthropic plans Nasdaq IPO with $1.4 trillion valuation, targeting $70-$78 per share, while launching workplace AI tools.
