Anthropic has set a $1.4 trillion target for its IPO, though bankers may already be aiming for a higher valuation of $1.5 trillion. Several tech giants are committing $26 billion alongside the offering.
The IPO is expected to leave its founders with $18 billion stakes each, while also standing to benefit Alphabet and Amazon.
Source: Fortune — Anthropic sets a $1.4 trillion IPO target, but bankers may already be aiming higher. Also reported by Semafor.
AI-assisted summary; the reporting is the source's. Read the original at the link.
Anthropic, IPO, artificial intelligence, tech valuation, Big Tech