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Racing toward a trillion-dollar IPO! Anthropic lowers fundraising target to $64.4 billion, seven major tech giants invest an additional $26 billion, proposed offering price set at $70-78
Anthropic plans to publicly offer shares to raise up to 64.4 billions USD, which is lower than the 69.3 billions USD in its previously withdrawn version. The offering price range is set at 70 to 78 USD per share. Seven tech giants, including Alphabet, Nvidia, and AMD, will separately invest a total of 26 billions USD through private placements. Based on the upper offering price of 78 USD, Anthropic's valuation would be around 102 billions USD.
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