Inside Anthropic’s blockbuster IPO: What we know about the AI giant’s plans

The stock market debut will be the first by one of the leading AI model developers and is being seen as a gauge of how long the AI spending boom lifting the US economy can last.The maker of the Claude AI models said in a filing with the US Securities and Exchange Commission that it aims to sell 825 million shares at between $70 and $78 each (€62.44–€69.58). The shares will trade under the ticker "ANT."Seven tech companies including Google, Nvidia, AMD and Microsoft have also agreed to buy $26 billion (€23.2bn) of non-voting shares at the IPO price in a separate private placement, the filing showed.The companies are investors in Anthropic or major suppliers of its computing power.Anthropic had been expected to raise up to $100 billion (€89.2bn), which would have made it the largest IPO on record.Even at the top of its price range, the offering would fall short of the record set by Elon Musk’s SpaceX, which raised $86 billion (€76.7bn) in its June IPO at a valuation of $1.77 trillion (€1.58trn).Anthropic has been aiming to go public the week of November 16, and reports said its shares would begin trading on November 19.Anthropic's listing is "just another chapter" in investors'