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TNW | Investors-funding

Anthropic’s IPO is reportedly oversubscribed as founders sell $1.75bn

Anthropic’s seven founders are selling $1.75bn of stock, and Amazon and Google stand to gain hundreds of billions. Retail investors in Europe, Australia and Japan can join the Anthropic IPO.

By TNW | Investors-funding

Excerpt shared by Lazyfounder

·Excerpt
Anthropic’s IPO is reportedly oversubscribed as founders sell $1.75bn
Image: Credit: jackpress / Shutterstock

Anthropic’s share sale has drawn orders for several times the shares on offer, Bloomberg reported on 11 November, citing people familiar with the matter. Large, anchor-size orders drove the demand, the people said.

The day before, the Financial Times reported that bankers were preparing to raise the valuation to $1.5tn…

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