Anthropic Launches IPO Roadshow Targeting $1.4 Trillion Valuation
Key Facts
Anthropic has officially launched its IPO roadshow with a set price range between $70 and $78 per share. Livemint reported that the company is targeting a valuation of up to $1.4 trillion, marking an increase from its previous $965 billion valuation. The firm plans to offer 825 million shares, potentially raising approximately $64.35 billion at the upper end of the price band.
The move follows a period of rapid growth, with revenue surging 1,200% to $33.24 billion for the nine months ended September 30, despite a reported net loss of $104 billion during the same timeframe. Founded by Dario Amodei and former OpenAI researchers, Anthropic intends to list on the Nasdaq under the ticker symbol ANT, leveraging strong demand for its Claude family of generative AI models.