Anthropic’s initial public offering, led by the company known for its Claude model, has reportedly been oversubscribed. The company filed with Nasdaq for an indicative price range of $70 to $78 per share. If demand is confirmed, its market capitalization could exceed the planned $1.26 trillion to $1.41 trillion range, compared with a valuation of $965 billion in May. Investors will watch the final pricing, any adjustments to the offering size and the stock’s performance during its first trading days.
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