Anthropic sets $70-78 IPO price range, targets Nasdaq debut Nov 19
Anthropic is preparing an initial public offering that would list its stock on the Nasdaq.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
What happened
Anthropic is preparing an initial public offering that would list its stock on the Nasdaq. The company has set a price range of $70 to $78 per share, and its shares are scheduled to debut on Nov. 19.
Why it matters
The listing is described as the biggest test yet of AI's long-term financial viability. Reports also say the valuation target has come in below earlier expectations as Wall Street reassesses AI costs.
Timeline
- Nov 9, 7:00 PM ET: A draft prospectus showed Anthropic's IPO could raise as much as $64.4 billion.
- Nov 10, 5:48 AM ET: Anthropic withdrew its IPO filing after details of the offering were circulated among banks.
- Nov 10, 6:40 AM ET: Anthropic set a price range of $70 to $78 per share for its upcoming IPO.
Coverage
- Anthropic IPO could give AI stocks a needed spark (Yahoo News)
- What Anthropic's roadshow video says about its IPO pitch (Brent D. Griffiths)
- Traders bet on a pop for Anthropic's historic IPO (CNBC)
- Five things to know about Anthropic (techxplore.com)
- Anthropic's Blockbuster IPO Filing Contains a Surprising Nod to Washington (Yahoo News)
- The stock market 'dodged a real bullet' — Cramer on Anthropic's new IPO valuation (CNBC)
- Anthropic forges ahead with IPO roadshow, eyes $1.4 trillion valuation (mashable.com)
- Anthropic Founders to Cash Out $1.75B in Blockbuster IPO (Yahoo News)
- Anthropic's trillion-dollar IPO is coming, but retail investors could have owned AI stock much earlier (CNBC)
- AI firm Anthropic seeks a nearly $1.4 trillion valuation when it goes public (washingtontimes.com)
- Anthropic IPO Buzz Has Coinbase Stock And Retail Broker Shares Back On Watch (Yahoo News)
- How to participate in the Anthropic IPO (fidelity.com)
- Factbox-Amazon, Google set for big windfall from Anthropic IPO (Investing.com)
- Anthropic is hiring U.K. political veterans as it prepares for its IPO (qz.com)
- Anthropic eyes $1.4 trillion IPO valuation in test of Wall Street's AI fervor (Lufkin Daily News)
- Anthropic targets a company value of more than $1 trillion in its IPO (The Washington Post)
- Google Commits $10 Billion to Anthropic Alongside IPO (The Defiant Team)
- Anthropic sets modest $1 trillion IPO valuation target in test of Wall Street's AI fervor (Lufkin Daily News)
- Anthropic’s path from AI startup to industry-defining IPO (Investing.com)
- Anthropic cleared to launch marketing roadshow for landmark IPO (seekingalpha.com)
- Anthropic Targets $1 Trillion IPO Valuation In Test Of Wall Street's AI Fervor (huffpost.com)
- Anthropic IPO to raise up to $64.4 billion as AI boom faces growing scrutiny (TradingView)
- We’ve never seen anything like the Anthropic IPO (CNN)
- Anthropic targets $1 trillion IPO valuation in test of Wall Street's AI fervor (aol.com)
- AI stocks roar back ahead of Anthropic IPO despite Huang scandal (marketscreener.com)
- Anthropic’s S-1 Hides Its Most Bullish Number, Says Larridin CEO (benzinga.com)
- Anthropic’s S-1 Hides Its Most Bullish Number, Says Larridin CEO (Yahoo News)
- Anthropic sets $70-$78 IPO price range, lowering its valuation target
- Anthropic sets $70-$78 share price range for Nasdaq IPO
- 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 opens ChatGPT business profiles and AI agents in beta
- 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
- Anthropic buys $3.4 billion in gas power equipment before IPO