Context: The FT reports Anthropic still plans to list before Thanksgiving, aiming to raise $80B-$100B at a $1.25T to $1.75T valuation.
From Bloomberg: https://epyhia.com/anthropic-ipo-valuation-talks-drop-to-1-3...
The range of $70 to $78 per share implies up to $1.404T fully diluted; SiliconANGLE puts the fundraising goal at $64B.
Sources: Anthropic's bankers are weighing plans to raise its IPO price following heavy demand, which could increase the valuation target to $1.5T or more — Claude maker's listing price expected to rise after strong demand from investors — Anthropic's bankers are weighing plans to increase …
S-1: Nvidia plans to invest ~$10B in Anthropic after its IPO, or ~10% of the total new cash Anthropic is expected to raise in November, including in its IPO — Nvidia planned to invest $10 billion in Anthropic alongside its initial public offering, the largest of the new financial commitments from…
Reuters saw emails to bankers with details of the IPO filing that Anthropic sent and then retracted; TechCrunch says the valuation range is expected this week.
Altimeter's Jamin Ball walks through the roadshow, the Thanksgiving window and what investors would need to believe about Claude.
Anthropic's S-1/A shows $5.0B of short-term burst compute at $7 to $13 per GPU-hour raised blended GPU costs 82% in two quarters, turning Q2's $974M operating profit into a $567M Q3 loss.
