ITmedia
Original published:
Anthropic sets IPO preliminary price at $70-$78 per share, raising up to ~$64.4 billion, with Google and NVIDIA each investing $10 billion separately
AI summary
Editorial policyAnthropic has set its IPO preliminary price at $70 to $78 per share, planning to raise up to approximately $64.4 billion.
Key points
- •The number of public shares is 825 million, with total proceeds expected to reach up to approximately $64.4 billion.
- •Seven companies, including Google, will separately underwrite $26 billion worth of shares.
- •The market capitalization is expected to reach up to approximately $1.4 trillion, with trading reportedly starting on November 19.