Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion (opens techcrunch.com)
The range of $70 to $78 per share implies up to $1.404T fully diluted; SiliconANGLE puts the fundraising goal at $64B.
Context: Shyam Sankar told Ben Thompson that Palantir was caught in Anthropic's clash with the US Department of War and does not regret working with Anthropic.
From The Next Web: Palantir was caught in Anthropic’s clash with the US Department of War, its chief technology officer, Shyam Sankar, told Ben Thompson for Stratechery, in an interview published on Thursday.
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…
Anthropic also announced Claude Whiteboards, Sheets and Data the same day; Claude Meetings drafts plans and timelines as participants talk.
Nominal sells an AI platform for hardware engineering and names Anduril as a major customer; the round triples its valuation to $3B in 8 months.
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.