Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion
Summary
Artificial intelligence startup Anthropic has announced a target share price between seventy and seventy-eight dollars for its upcoming stock market debut. Based on the highest end of this pricing tier, the firm could achieve a fully diluted market valuation of over one point four trillion dollars.
The company could end up being worth a hefty $1.404 trillion if its shares list at the top of the price range, on a fully diluted basis.
Source: Read the full story at TechCrunch
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