Anthropic sends out, then retracts details of IPO filing, emails show: Reuters
The company said the pricing figures were inaccurate and will revise the filing before its road show, after banks briefly saw terms for an $69.3 billion sale.
- On Monday, Anthropic sent and then retracted details of its blockbuster IPO filing to bankers, according to emails seen by Reuters. The company said pricing details were inaccurate but did not specify what was erroneous.
- The retracted filing indicated plans to sell about 867 million shares at $70 to $80 each, with Anthropic itself selling about 843.3 million shares while existing shareholders would offload 23.3 million.
- Separately, the original filing revealed Anthropic secured US$26 billion in private placement investments from Alphabet's Google, Nvidia, Advanced Micro Devices, Broadcom, Micron Technology, Microsoft, and TSMC at the IPO price.
- Founded in 2021 by former OpenAI executives including Anthropic CEO Dario Amodei and President Daniela Amodei, the company has emerged as a leader in generative AI with its Claude family of models.
- The IPO follows a period where other AI infrastructure companies delayed listings amid rising interest rates and sustainability questions; Anthropic reported revenue of nearly US$17 billion for the three months ended September 30.
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Anthropic eyes $1 trillion US valuation in hotly anticipated IPO that's a key test for AI market
Anthropic's initial public offering plans to raise as much as $64.4 billion US, a regulatory filing showed on Tuesday, testing Wall Street's faith in the AI boom amid growing worries about its risks.
The AI company Anthropic is heading towards one of the largest IPOs in history. However, Group CEO Dario Amodei has moved away from the once targeted valuation of two trillion dollars.
Anthropic Retracts Its $70-to-$80 IPO Price Range Hours After It Leaked
Anthropic's own bankers got one set of IPO numbers, then a second email calling them wrong. With Alphabet holding an option to buy in at whatever price finally sticks, the missing figure could matter more than the leak.
The young American company Anthropic, creator of the assistant artificial intelligence (AI) Claude, has planned to raise up to 64 billion dollars for its entry on the stock exchange, according to stock exchange documents on Tuesday.
American AI company Anthropic may raise up to $64.4 billion in its upcoming IPO, according to a prospectus sent by it to the Commission on
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