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Technology — Artificial Intelligence

Anthropic Targets $1.4 Trillion Valuation In Major Nasdaq IPO

According to Vanda Research, the offering could attract record retail investor demand, with subscriptions already exceeding available shares multiple times, driven largely by institutional interest.

,   and  TIPP Staff
2 min read
Anthropic IPO could attract a record retail buying: Vanda Research. Pic via(@ETMarkets)

Anthropic has launched its IPO roadshow, targeting a fully diluted valuation of approximately $1.4 trillion in an offering that could become the largest stock market debut ever. The company plans to list around 801.4 million shares on the Nasdaq Global Select Market under the ticker ANT.

According to Vanda Research, the offering could attract record retail investor demand, with subscriptions already exceeding available shares multiple times, driven largely by institutional interest.

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Seven major technology companies, including Google and Nvidia, have committed $26 billion to purchase nonvoting Class N shares through a private placement, priced at the final IPO rate.

Goldman Sachs and Morgan Stanley are leading the offering alongside 20 other banks. However, Anthropic's valuation target is below the approximately $1.5 trillion investors anticipated a week earlier, following a broader sell-off in AI stocks.

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