
Anthropic sets IPO range of $70 to $78, up to $1.404 trillion
The 825 million-share sale could raise as much as $64.35 billion, with Nasdaq trading targeted near November 19.
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The 825 million-share sale could raise as much as $64.35 billion, with Nasdaq trading targeted near November 19.

OpenAI raises $11 billion to reach $1.25 trillion valuation as Anthropic nears IPO

Fal raised $1.3 billion to reach $16 billion valuation, reporting $800 million in annualized revenue.

The Financial Times says UAE investors will lead a smaller first close, and the Journal says $11 billion is secured.

Valuation came in at $1.25 trillion, short of $1.4 trillion, and OpenAI reportedly plans an IPO early next year.

The Financial Times says investor demand was weaker than in earlier rounds, with UAE investors and Coatue leading.

CNBC says Coatue and UAE investors would lead, while terms remain open and OpenAI declined comment.

TypeSafe AI raised $870 million at a $7.5 billion valuation weeks after launching decision model Jev.

OpenAI seeks at least $30 billion at a $1.4 trillion valuation as annualized revenue nears $50 billion.

ElevenLabs opened a $300 million employee tender at a $22 billion valuation, doubling the mark from its February round.

OpenAI delayed its IPO and seeks $30 billion at a $1.4 trillion valuation while scrapping a model release over safety concerns.

OpenAI is reportedly raising at least $30 billion at a roughly $1.4 trillion valuation ahead of a delayed IPO.

Anthropic's IPO filing seeks a $2 trillion valuation while warning its models could cause catastrophic harm.

Anthropic's S-1 filing shows twelvefold revenue growth to $4.6 billion, an $8.06 billion operating loss, and $518 billion in planned infrastructure commitments.

Modal Labs is nearing a $750 million Accel-led round at a $15.75 billion valuation.

ElevenLabs CEO says the voice-AI firm is at $600 million ARR and a reported $22 billion valuation.

Snorkel AI raised a $350 million Series E at a $3.5 billion valuation, driven by demand for high-end AI training data.

Anthropic reportedly delayed its IPO from October to November 2026, aiming for stronger Q3 results, with investors expecting a $2 trillion valuation.
Nvidia is reportedly in talks to invest up to $10 billion in Anthropic's IPO, which targets a $2 trillion valuation, making it history's largest.

Cognition, maker of Devin, raised $2 billion at a $48 billion valuation led by a16z, Accel, and Founders Fund, with revenue at $900M annualized.

Mistral AI closed a €3 billion Series D led by Samsung Electronics, valuing the lab at over €21 billion.

Thinking Machines, Mira Murati's AI lab, is in talks to raise $1 billion at a $40 billion valuation, with Accel reportedly leading.
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