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Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion

The company could end up being worth a hefty $1.404 trillion if its shares list at the top of the price range, on a fully diluted basis.

By TechCrunch

Excerpt shared by Lazyfounder

·Excerpt
Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion
Image: Image Credits:Samuel Boivin/NurPhoto / Getty Images

Anthropic intends to push ahead with its IPO despite shakier markets and the broader pullback from AI investing.

The Claude-maker said in an updated IPO filing on Tuesday that it would be offering a total of 825 million Class A shares at an estimated price range of $70 to $78 per share. The…

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