Anthropic IPO reported six times oversubscribed, seeking $64.4 billion
Original title: Anthropic's IPO is six times oversubscribed and on track to become the largest public offering in history
Bloomberg reports a roughly $1.4 trillion target valuation and a separate $26 billion private placement.
Anthropic is on track for what Bloomberg describes as the largest IPO ever, with orders exceeding available shares by a factor of six. The Claude developer and its co-founders aim to raise up to $64.4 billion in the offering and another $26 billion privately, targeting a valuation of roughly $1.4 trillion. Goldman Sachs and Morgan Stanley are managing the Nasdaq listing under ticker ANT. Anthropic's annualized revenue is reported at $81 billion by late October, up from $71 billion in September.
Unconfirmed: The oversubscription, valuation, and raise figures are attributed to Bloomberg, not confirmed by Anthropic in this item.
- Nvidia is buying $10 billion in Anthropic stock through the private placement.
- Existing investors are getting priority in share allocation.
- CEO Dario Amodei is set to pitch investors in a Friday livestream with Jamie Dimon.
From the original article
1 min read at the-decoder.com
Anthropic is on track for the largest IPO ever, with orders exceeding available shares by a factor of six. The article Anthropic's IPO is six times oversubscribed and on track to become the largest public offering in history appeared first on The Decoder.
By Maximilian Schreiner · the-decoder.com
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