Anthropic has set a price range of $70 to $78 per share for its initial public offering, planning to sell 825 million Class A shares. The offering could raise between $57.7 billion and $64.3 billion, with a maximum valuation of $1.4 trillion based on the highest price point and full share dilution.
The company expects to debut on Nasdaq around November 19 under the ticker symbol ANT. This valuation would position Anthropic among the most valuable AI companies, reflecting investor confidence in the AI sector and the company's competitive positioning in generative AI development.