Separating AI hype from reality.
Anthropic began its investor roadshow Tuesday for a Nasdaq listing targeting a fully diluted valuation of up to $1.4 trillion, even as AI stocks slide and regulatory scrutiny intensifies.
Anthropic set an IPO price range in an amended S-1 filing on Tuesday, with the roadshow launching the same day, pricing 825 million Class A shares at $70 to $78 each. At the top of the range the company would be valued at roughly $1.4 trillion on a fully diluted basis, or about…
Anthropic is pressing ahead with plans for a Nasdaq listing as early as the week of November 16, moving toward what could be the largest AI initial public offering to date even as market volatility forces a substantial downward revision in valuation expectations.