Anthropic seeks valuation of about $1.3 trillion when it becomes a publicly traded company
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By MICHELLE CHAPMAN, AP Business Writer
Artificial intelligence giant Anthropic is looking for an approximately $1.3 trillion valuation when it goes public despite new concerns about the massive amounts debt and money flowing into the sector.
The company behind the Claude chatbot said in a regulatory filing on Tuesday that it will sell 825 million shares priced between $70 and $78 a share. That would give Anthropic the ability to raise more than $61 billion, if the IPO is priced at the midpoint.
Artificial intelligence giant Anthropic is looking for an approximately $1.3 trillion valuation when it goes public despite new concerns about the massive amounts debt and money flowing into the sector.
The company behind the Claude chatbot said in a regulatory filing on Tuesday that it will sell 825 million shares priced between $70 and $78 a share. That would give Anthropic the ability to raise more than $61 billion, if the IPO is priced at the midpoint.
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