U.S. · BUSINESS · NOV 10, 9:46 AM ET

Anthropic heads for lower than expected $1.3 trillion valuation in stock market debut

Reported by 29 outlets in the past day, including BBC, The New York Times, The Verge.

1What happened

Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as $1.4 trillion, according to the New York Times. The Verge ↗

2How big

$1.4 trillion is 4.2% of what the whole U.S. economy produces in a year, or about $4,080 for every American.

3What’s next

The AI company behind the Claude chatbot will offer its shares at between $70 and $78. BBC ↗

4Also reported

The A.I. company’s pricing would make it one of the biggest ever public listings. The New York Times ↗

Sources

Anthropic heads for lower than expected $1.3 trillion valuation in stock market debut ↗BBC
Anthropic Targets Valuation of Up to $1.4 Trillion for Blockbuster I.P.O. ↗The New York Times
Anthropic targets $1.4 trillion IPO ↗The Verge
Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion ↗TechCrunch
Anthropic reportedly plans to move forward with IPO plans ↗TechCrunch
EXCLUSIVE: Anthropic eyes $1.4 trillion IPO valuation in test of Wall Street's AI fervor ↗Reuters