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Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion

Source: TechCrunch (opens in a new tab) · Rebecca Bellan, Ram Iyer

Intel Summary

TechCrunch reports that Anthropic has set an IPO price range of $70 to $78 per share. Listing at the top end of this range would yield an implied fully diluted valuation of $1.404 trillion.

Why It Matters

A public listing at this scale creates a major public market valuation benchmark for frontier AI labs. It tests institutional investor appetite for capital-intensive generative AI firms at multi-trillion-dollar valuations.

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