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Evening Standard
Evening Standard
Technology
Holly Williams

EXPLAINED: Anthropic set for ps970bn valuation in mega ipo | Vintage Vibes

Anthropic filed papers in the US for a planned IPO (Alamy/PA) -

Claude chatbot maker Anthropic is set to be valued at 1.3 trillion US dollars (£970 billion) when it is expected to make its stock market debut on Wall Street later this month.

The AI giant has set the price for its initial public offering (IPO), with plans to sell 825 million shares at between 70 and 80 dollars each (£52 and £59), raising more than 61 billion dollars (£45.3 billion).

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