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Anthropic pursues IPO with valuation cap of $1.4 trillion

Bloomberg +1 · ·by G4L

NVDA NVIDIA Corp
$168.89 -5.47%
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  1. 1Anthropic plans to raise up to $64 billion through its initial public offering.
  2. 2Anthropic aims to sell 825,000,000 shares at a price range between $70 and $78 per share.
  3. 3Seven technology companies, including Google, NVIDIA, AMD, and Microsoft, have agreed to purchase $26,000,000,000 in non-voting shares.

So what's the key point?

Anthropic is planning to raise a large amount of money by issuing new shares. Companies like Google and NVIDIA have agreed to buy shares in the company.

Source Bloomberg +1 · View original ↗

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