Business & Finance
Anthropic eyes $1.4 trillion valuation in blockbuster IPO
Key Points
Anthropic eyes $1.4 trillion valuation in blockbuster IPO To display this content from YouTube , you must enable advertisement tracking and audience measurement. One of your browser extensions seems to be blocking the video player from loading.
Anthropic eyes $1.4 trillion valuation in blockbuster IPO
To display this content from YouTube, you must enable advertisement tracking and audience measurement.
One of your browser extensions seems to be blocking the video player from loading. To watch this content, you may need to disable it on this site.
Issued on:
US firm Anthropic, the company behind the Claude AI chatbot, has announced it will offer 825 million shares at a price between $70 and $78 apiece during its planned IPO. This will give the firm a valuation of around 1.4 trillion dollars. The blockbuster IPO will come at a time investors are becoming increasingly concerned about risks associated with the AI boom. But first, chip giant Nvidia continues to face pressure over its CEO's love affair with a suspected Chinese spy.
Related keywords