# Fubon Life Targets $700M for Anthropic IPO

> Fubon Life bets $700 million on Anthropic's AI IPO, aiming for $1.4 trillion valuation.
- Title: Fubon Life Targets $700M for Anthropic IPO · BigGo Finance
- Summary: Fubon Life bets $700 million on Anthropic's AI IPO, aiming for $1.4 trillion valuation.
- Keywords: fubon life, anthropic, nasdaq, ipo, claudes, space x, vanda research, goldman sachs, morgan stanley, crowdstrike, revenue forecast, BigGo Finance
- Source: BigGo Finance — https://finance.biggo.com/news/9812aa29-cc85-47d4-a68f-946ab4e6a228
- Author: BigGo Finance
- Published: 2026-11-13T23:05:27+00:00
- Read time: 1 min
- Topics: fubon life, anthropic, nasdaq, ipo, claudes, space x, vanda research, goldman sachs, morgan stanley, crowdstrike, ai, revenue forecast
## Fubon Life Announces IPO Participation
Fubon Life, a subsidiary of Fubon Financial Holding, plans to participate in Anthropic's Nasdaq IPO with a $700 million subscription cap.
## IPO Details and Valuation
Anthropic's IPO will list on November 19 under ticker ANT with a price range of $70 to $78 per share.
## Valuation Projection
The deal could reach $90 billion including private placements, implying a fully diluted valuation of about $1.4 trillion.
## Subscription Demand
Roadshow demand has reached roughly six times the shares on offer, with Vanda Research estimating $250 million in retail buying.
## Institutional Interest
Institutional investor interest has surpassed SpaceX's roadshow performance, with order book reaching six times the shares by Thursday.
## Valuation Challenges
Investors question whether Anthropic can defend AI leadership and meet its 2028 revenue forecast.
## 2028 Revenue Forecast
Banks estimate Anthropic's 2028 revenue at $270 billion to $280 billion, driving valuation models.
## Fubon Life's AI Investments
Fubon Life has invested up to $866.9 million in Fubon Intelligent Computing for AI infrastructure.
## Market Sentiment
Taiwanese investors view Anthropic's pricing as a gauge of global AI sentiment post-IPO.
## Key takeaway

Fubon Life plans to buy up to $700 million of Anthropic's IPO shares, targeting a $1.4 trillion valuation for the AI company.