Anthropic, the artificial intelligence company behind the Claude chatbot, is planning an initial public offering that would value the business at roughly $1.4 trillion.
The share sale is expected to raise about $64 billion. That would make it one of the largest stock market flotations on record, and would put a company founded only a few years ago among the most highly valued listed businesses in the world.
The price range
One report puts the IPO price range at $70 to $78 per share. The figure comes from a single outlet and has not been matched by other reports.
If the range holds, it would set the terms on which investors can buy into a company that has so far been funded largely through private rounds. The reported details do not say when the shares would begin trading or on which exchange.
The company
Anthropic builds large language models and sells access to them to businesses and consumers. Claude is available in the UK, and the company is one of a small group of firms competing to supply the AI systems now being built into workplace software, search tools and customer service.
A listing of this scale would open the company's accounts to public scrutiny for the first time. Public shareholders would be able to hold a stake in a developer whose spending on computing power has been among the largest in the technology industry.
The timing of the offering has not been fixed.
Logo: Anthropic
