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Anthropic lowers IPO target valuation to $1.4 trillion

The Motley Fool · ·by G4L

NVDA NVIDIA Corp
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  1. 1Anthropic will hold its IPO on November 19.
  2. 2The target valuation for Anthropic has been adjusted down to $1.4 trillion from previous rumors of $2 trillion.
  3. 3Anthropic aims to raise $64.4 billion.

So what's the key point?

The estimated value of Anthropic when it first enters the stock market has decreased from previous estimates. The company is aiming for a target amount of $64.4 billion.

Source The Motley Fool · View original ↗

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