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Anthropic seeks to raise up to $90.4 billion through IPO and private offering

Yahoo Finance +1 · ·by G4L

NVDA NVIDIA Corp
$168.89 -5.47%
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  1. 1Anthropic plans to offer 801.4 million shares with a target of $64.4 billion through its IPO.
  2. 2The total $90.4 billion to be raised through Anthropic's IPO and private offering would surpass SpaceX's record.
  3. 3Anthropic recorded approximately $17 billion in revenue for the third quarter.

So what's the key point?

Anthropic is planning to raise a massive $90.4 billion by issuing new shares. This move represents an attempt by the company to secure funds on an unprecedented scale.

Source Yahoo Finance +1 · View original ↗

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