Anthropic plans to raise $64 billion through IPO, as per latest draft prospectus

Anthropic is targeting up to $90.4 billion through an IPO and private placement, according to a Reuters-reviewed draft prospectus. The fundraising includes investments from major technology companies such as Google, Nvidia, Microsoft, AMD and Broa...

Agencies
Anthropic plans a massive $90.4 billion fundraising through its IPO and private placement, backed by leading global technology companies and institutional cornerstone investors.
Anthropic is targeting a fundraising of up to $64.4 billion through its initial public offering (IPO), according to the latest draft prospectus reviewed by Reuters on Tuesday. The artificial intelligence company is preparing to begin marketing the offering.

In addition to the IPO, Anthropic plans to raise $26 billion through a separate private placement involving cornerstone investors, including Google-parent Alphabet, Nvidia and Advanced Micro Devices (AMD), the draft prospectus showed.

The combined fundraising could reach $90.4 billion, including investments from other cornerstone investors such as Broadcom, Micron Technology, Microsoft and Taiwan Semiconductor Manufacturing Company (TSMC).


Anthropic and some of its existing investors are planning to offer shares at an indicative price range of $70 to $78 apiece, according to the prospectus. Further details of the offering are expected to be announced shortly.
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