Anthropic sets $70-$78 share price range for Nasdaq IPO
Anthropic, the AI company behind the Claude chatbot, has set a price range of $70 to $78 per share for its upcoming initial public offering on Nasdaq.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Anthropic, the AI company behind the Claude chatbot, has set a price range of $70 to $78 per share for its upcoming initial public offering on Nasdaq. The company is also securing $26 billion through a private placement with Google, Nvidia, Microsoft and other major tech firms as anchor investors.
Why it matters
The offering will test investor appetite for AI stocks after a recent selloff.
Timeline
- Nov 9, 3:59 AM ET: Anthropic reportedly lowered its valuation target from an initial $2 trillion goal to $1.5 trillion as it moved ahead with a Nasdaq listing before Thanksgiving.
- Nov 10, 6:40 AM ET: Anthropic set a price range of $70 to $78 per share for its IPO, roughly five months after Elon Musk took SpaceX public.
Coverage
- Josh Schafer: Anthropic has a lot of competition (foxbusiness.com)
- AGIX, the First ETF to Own Anthropic, Highlights Private Holdings Performance as Anthropic IPO Nears (kraneshares.com)
- Claude on Anthropic IPO – ‘Pressure to Monetize Legal Vertical’ (artificiallawyer)
- Stock Market Today: Dow Rises Ahead Of CPI Inflation Data; AI Giant Anthropic Sets IPO Range (Live Coverage) (Investor's Business Daily)
- Anthropic IPO Meets Nvidia Scandal. Hold On to Your Hats. (barrons.com)
- Anthropic pushes ahead with IPO despite AI selloff (Semafor)
- Anthropic Registers Up to 948.75 Million IPO Shares (The Defiant Team)
- Anthropic To Seek $1.4 Trillion Valuation in Blockbuster IPO (kten.com)
- AM Markets Need to Know: Huang faces FBI probe, Anthropic IPO plans, and more (seekingalpha.com)
- Why Anthropic Is Right to Push Ahead With IPO Amid AI Turmoil (barrons.com)
- Anthropic reportedly to launch Nasdaq IPO on Tuesday (Aytun Çelebi)
- #BlockTheIPO: Why Opponents Want to Stop Anthropic’s Stock Market Debut (trendingtopics.eu)
- Anthropic IPO: Please try again (TradingView)
- Morning Bid: Anthropic IPO: Please try again (Investing.com)
- Anthropic Plans IPO Live Stream With Amodei, JPMorgan CEO Dimon (Yahoo News)
- Anthropic's S-1 Says It Will Expand Its Data Center Footprint. Here's Who Could Pour the Concrete, Wire the Power, and Cool the Chips. (fool.com)
- Anthropic Aims To Raise Up To $69.3 Billion In Blockbuster Ipo (Investing.com)
- Anthropic reportedly plans to move forward with IPO plans (techcrunch.com)
- Anthropic Still Plans to Go Public as Soon as Next Week: Report (gizmodo.com)
- Anthropic aims to raise up to $69.3 billion in blockbuster IPO (Reuters)
- Anthropic is one of the few companies that needs to make money from AI investing, says Jim Cramer (CNBC)
- Anthropic IPO Becomes Litmus Test for AI Investment Appetite (The Tech Buzz)
- Exclusive-Anthropic aims to raise up to $69.3 billion in blockbuster IPO (centraloregondaily.com)
- Jim Cramer says Anthropic's IPO could make or break the AI trade. Here's why (CNBC)
- Anthropic targets next-week IPO despite AI market volatility, WSJ reports (Yahoo News)
- WSJ: Anthropic targets Nasdaq debut next week under ticker ANT despite tech selloff (investinglive.com)
- Anthropic Prepares to Push Ahead With IPO Despite Market Jitters (WSJ)
- Anthropic's IPO May No Longer Value the Company Anywhere Near $2 Trillion. Does That Make it Worth Buying? (fool.com)
- Anthropic IPO targets November debut as valuation expectations fall (Yahoo News)
- Anthropic trades 30% off September peak on Hyperliquid (seekingalpha.com)
- Trade the Anthropic IPO Both Ways with Direxion’s 2X Bull (ANTO) and 2X Bear (ANTD) ETFs (barchart.com)
- Anthropic IPO faces investor doubts and AI backlash (dataconomy.com)
- Anthropic IPO Valuation Faces Investor Pushback (channelinsider.com)
- Anthropic to complete IPO by Nov. 26 despite lower valuation amid tech sell-off (Kim Su-jeong)
- Anthropic's $1.5 Trillion IPO: What Investors Should Know Before Buying (Beincrypto)
- Anthropic’s $895 Billion AI Gamble Could Become Wall Street’s Next Debt Nightmare (Yahoo News)
- Anthropic sets $70-78 IPO price range, eyes Nasdaq debut
- Anthropic sets $70-78 IPO price range, targets Nasdaq debut Nov 19
- Anthropic readies Nasdaq IPO after retracting mistakenly sent filing
- Anthropic keeps IPO plans as AI sell-off cuts its valuation
- Anthropic's IPO valuation falls as AI selloff and backlash grow
- Anthropic presses ahead with IPO as valuation estimates fall
More from Technology & AI
- OpenAI launches beta letting businesses claim and manage ChatGPT profiles
- OpenAI acquires AI travel startup Odessia
- Google DeepMind launches Gemini Robotics 2.5 robot control model
- Anthropic launches Claude Meetings, Sheets and a whiteboard app
- House House admits limited AI use in Big Walk
- Google Cloud revenue grows 103% in third quarter