Anthropic reportedly plans to move forward with IPO plans
Anthropic reportedly plans to move forward with IPO plans
Anthropic is reportedly planning to set a valuation range this week and begin trading next Thursday or Friday, despite recent market volatility and scandals. Investors will focus on its valuation to gauge the intensity of the AI frenzy, with some institutional investors pushing to lower it below the 150 billion U.S. dollars discussed last week, a figure already far below the 200 billion U.S. dollars target set several months ago.
Same story4 other outlets also reported this
How the accounts differ:The Verge states the target IPO valuation is 1400 billion USD, while others mention 1.1-1.3 trillion USD or 1 trillion USD.
- ITHome · AI··First
Anthropic announced it will advance its IPO, with its valuation expectations facing a market cooldown.
- TechCrunch · AI··+1 h 55 min·Reading now
Anthropic is reportedly planning to move forward with its IPO plans.
- 36Kr · AI··+12 h 8 min
Anthropic launches IPO roadshow: Pricing expected to be between $70–$78 per share
Adds:36Kr mentions the price range of 70–78 USD per share.
- 36Kr · AI··+12 h 9 min
Anthropic announced its IPO target valuation of approximately 100 billion US dollars.
- The Decoder··+12 h 40 min
Anthropic initiates IPO roadshow, targeting $70 to $78 per share, aiming for a $100 billion valuation
- The Verge · AI··+14 h 34 min
In order of publication · later reports are added as they appear · Compared by AI from each outlet’s title and summary
Launching a major tech IPO would seem risky right now, shortly after one of Nasdaq’s biggest sell-offs and amid revelations that a CEO central to the AI boom had an affair with a suspected Chinese spy. But that isn’t deterring Anthropic, which is moving ahead with its listing plans, according to The Wall Street Journal.
Anthropic plans to set a valuation range this week and begin trading on Thursday or Friday of next week, the Journal reported.
Investors will look to Anthropic’s valuation to gauge the strength of the AI boom. Some institutional investors are now pushing for a valuation below the $1.5 trillion target discussed as recently as last week, a figure that was itself considerably below the $2 trillion floated a few months ago, the report said.
OpenAI, Anthropic’s main rival, was reportedly valued at $1.25 trillion last week after the ChatGPT maker raised $11 billion in fresh capital, short of the $20 billion it had initially sought.
Source: TechCrunch · AI · techcrunch.com