Anthropic forges ahead with IPO roadshow
They will sell up to 825M shares at $70 to $78 each, a range that values it at as much as $1.4T.

At the top of that range the deal raises about $64.4B, and Anthropic itself takes roughly $62.5B from 801M new shares.

Existing stockholders are selling only 23.6M shares, so almost all the cash funds the company instead of letting early investors exit.

Earlier talk had pointed to as much as $2T, and the cut follows a tech selloff and midterm results showing voters souring on AI data centers.

Even reduced, the price sits above the $1.25T private valuation OpenAI reached last week.

Shares are expected to start trading on Nasdaq under the ticker “ANT” as soon as Thursday or Friday next week.