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EXCLUSIVE: Anthropic eyes $1.4 trillion IPO valuation in test of Wall Street's AI fervor | Reuters

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Anthropic targets $1.4 trillion valuation in blockbuster IPO

Anthropic set an IPO price range of $70–$78 per share for 825 million Class A shares, targeting a fully diluted valuation of up to $1.4 trillion and raising up to $64.4 billion publicly plus $26 billion via private placement. The offering, expected to begin trading November 19, would be the largest-ever equity offering and the first by a frontier AI lab.

Nov 9, 2026·8 sourcesAI bubbleAnthropic IPOOpenAIOctober 2026 AI stock sell-offCorporate governanceMicrosoftTSMCDemocratic PartyAI existential riskAI investmentAI SafetyAlphabet
Anthropic targets $1.4 trillion valuation in blockbuster IPO
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Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion

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Anthropic Targets $1.4 Trillion Valuation in Blockbuster IPO

CNBC

Anthropic sets IPO price range of $70 to $78, looks to start trading Nov. 19, sources say