Anthropic plans to raise up to $90.4 billion through IPO, allowing Australian retail investors to participate in the subscription.

Australian retail investors will have the opportunity to participate in artificial intelligence giant Anthropic PBC's IPO. The company is targeting a valuation of 1.4 trillion yuan in this offering. According to documents submitted to the Australian securities regulator on Wednesday, individual investors in Australia can subscribe to Anthropic shares through participating brokers starting Wednesday. The offering is expected to end on November 17, and the stock is scheduled to be listed on Nasdaq on November 20. Anthropic plans to raise up to 90.4 billion yuan through this IPO and private placement, with the offering price range set at $70 to $78 per share.