Anthropic proposed a valuation of up to roughly $1.4 trillion for its initial public offering, with 825 million shares offered at between $70 and $78 each. Separately, Google, Nvidia, AMD, Broadcom, Micron, Microsoft and TSMC Partners agreed to buy $26 billion of Anthropic’s nonvoting Class N shares, bringing the combined amount to as much as $90.4 billion. The company’s bankers are nevertheless considering pricing the shares above the filed range, potentially lifting the valuation to $1.5 trillion or more. The offering, under the ticker ANT, is expected to be priced on November 18 following the start of the investor roadshow.
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