Anthropic’s Nasdaq IPO arrives as tech giants pledge $26 billion at expected $70–78 share price
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Anthropic is expected to debut on the Nasdaq on Thursday. AMD, Broadcom, Google, Micron, Microsoft, Nvidia and Taiwan Semiconductor Manufacturing Company plan to invest a collective $26 billion at the IPO price, currently expected at $70–78 a share, with Amazon among existing backers. Its prospectus cites over $900 billion in outstanding spending commitments, including at least $110 billion with Amazon over a decade and $400 billion with other companies for cloud capacity.
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