From TechCrunch: Massive note conversions reveal the true extent of Amazon's ownership in Anthropic.
The range of $70 to $78 per share implies up to $1.404T fully diluted; SiliconANGLE puts the fundraising goal at $64B.
Altimeter's Jamin Ball walks through the roadshow, the Thanksgiving window and what investors would need to believe about Claude.
Anthropic has filed for an IPO; the filing shows soaring revenue, mounting losses, major enterprise adoption and an unusual governance structure designed to preserve founder control and its safety mission.
Tunguz reads the S-1 as $4.6B of revenue growing 11.9-fold, a derived 40% gross margin, $974M of operating profit in Q2 and $637B of compute commitments.
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…
