Anthropic plans to raise up to $64.4 billion in its Nasdaq IPO, with shares priced between $70 and $78 and a valuation that could reach $1 trillion. The company is also pursuing a separate $26 billion private placement with strategic investors, bringing potential total fundraising to $90.4 billion. Google, NVIDIA, AMD, Broadcom, Micron, Microsoft and TSMC participated in the placement, while Goldman Sachs and Morgan Stanley lead the underwriting syndicate. In the third quarter, Anthropic’s revenue rose 47% quarter over quarter to $16.96 billion and its net loss narrowed, although growth slowed sharply from the previous quarter. The offering comes amid uncertainty over the economics of artificial intelligence, infrastructure costs and data-center debt, alongside Anthropic’s nearly $900 billion in computing commitments.
Source: Read the original article
