Artificial intelligence giant Anthropic is looking for an approximately $1.3 trillion valuation in an initial public offering despite new questions about the massive amounts of money flowing into the sector.
The company behind the Claude chatbot said in a regulatory filing on Tuesday that it will sell 825 million shares priced between $70 and $78 a share. That would give Anthropic the ability to raise more than $61 billion, if the IPO is priced at the midpoint.
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The San Francisco company is anticipated to make its Wall Street debut this month.
Anthropic could wind up being the biggest initial public offering of stock ever, possibly eclipsing the record $86 billion raised by SpaceX in its IPO in June. An Anthropic IPO would also put the company ahead of OpenAI in going public, setting the stage for a pair of blockbuster stock debuts by rival AI developers.
The IPO could give Anthropic enormous resources to accelerate its expansion and potentially add billions of dollars to the fortunes of CEO Dario Amodei and his sister and co-founder, Daniela.
A regulatory filing last month showed that Anthropic’s revenue is growing rapidly, reaching more than $16 billion in the first half of the year — 14 times its…
