Anthropic, the artificial intelligence company behind Claude, is targeting a valuation of up to $1.4 trillion through a blockbuster initial public offering (IPO), according to CNN.
The company has set its share price range at $70 to $78 and could raise approximately $61 billion if priced at the midpoint.
Investor concerns also include its dependence on five major customers for a quarter of its sales and a complex share-sale arrangement allowing some employees to sell holdings soon after listing.
The IPO comes amid growing uncertainty surrounding AI investments and technology valuations. The Wall Street Journal reported that Anthropic could begin trading next week.
Related Tweet:
Anthropic says it plans to price its stock as high as $78 a share, valuing the AI giant at $1.4 trillion - less than investors once hoped. https://t.co/1ifsCcQlca https://t.co/3VREH3HXlV
— CNN (@CNN) November 10, 2026
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