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Anthropic Sets IPO Price Range

3 hours ago 0

Anthropic, an AI startup, has disclosed the price range for its highly anticipated Initial Public Offering (IPO). In a recent regulatory filing, the company announced that it would price its shares between $70 and $78.

This pricing suggests Anthropic is aiming to raise between $57 billion and $64 billion. Additionally, Anthropic has reached an agreement with major investors like Broadcom, Google, and Nvidia. These investors have committed to purchasing $26 billion worth of shares at the IPO price.

With these commitments, the total capital Anthropic expects to raise is approximately $90 billion.

This story is unfolding, and updates will follow as more information becomes available.

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