Anthropic prices 825 million-share IPO at $70 to $78 for up to $1.404 trillion valuation
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Anthropic updated its filing Tuesday to offer 825 million Class A shares at $70–$78, raising $57.75–$64.35 billion and implying up to $1.404 trillion fully diluted at the top of the range—above May’s $965 billion but below a reported $2 trillion goal. It will sell $26 billion of non-voting Class N stock at the IPO price to AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC, with $10 billion each from Google and Nvidia. Estimated net proceeds are $84.6–$93.7 billion; Nasdaq trading is expected around 19 November.
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