Anthropic sets IPO price as its Nasdaq debut nears
Anthropic, the AI company behind the Claude chatbot, is preparing a stock market listing that could rank among the largest public offerings ever.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
What happened
Anthropic, the AI company behind Claude, has set the price for its initial public offering, and its shares are due to start trading on Nasdaq within days. Goldman Sachs is co-leading the offering and also wants to manage the wealth the deal creates.
Why it matters
Analysts say the listing could affect the entire U.S. economy, and one prominent investor has warned that markets may be overvalued.
Timeline
- Nov 12, 3:47 PM ET: Ariel Investments' Mellody Hobson warned that stock market attention on the Anthropic IPO was worrying and that markets look overvalued.
- Nov 12, 6:09 PM ET: Anthropic set its IPO price, a level some observers found surprising, leaving traders little time before the public listing.
- Nov 13, 1:44 PM ET: Goldman Sachs, co-leading the offering, also sought to manage the billions of dollars in new wealth the deal creates, and other firms want a share of that business too.
- Nov 13, 2:02 PM ET: Anthropic CEO Dario Amodei discussed AI compute costs, IPO plans and the company's cash buffer strategy with JPMorgan CEO Jamie Dimon.
Coverage
- 'Fast Money' trader talk potential impact of Anthropic IPO (CNBC)
- How Anthropic’s IPO Could Affect the Entire Economy (WSJ)
- Anthropic IPO pitch highlights Dario Amodei's compute dilemma (businessinsider.com)
- Goldman Sachs looks to cash in on Anthropic's IPO, twice. Here's how and who else wants to (CNBC)
- He Wants Anthropic in His S&P 500 401(k) as Soon as It Goes Public. One Index Rule Could Keep It Out for at Least 12 Months. Even Then, His Fund May Never Own It (Yahoo News)
- How AI Memory Demand At Micron Stock Has Changed Its Investment Story (Yahoo News)
- Anthropic's $1.4 trillion IPO draws strong demand ahead of listing
- Anthropic's IPO may price above range amid strong investor demand
- Anthropic sets IPO share price range of $70 to $78
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