Anthropic's IPO range points to a fully diluted value of up to $1.405 trillion.
Anthropic said it will offer 825 million shares at $70 to $78 each in its upcoming Nasdaq IPO.
At the high end, the AI lab would net up to $64.35 billion in proceeds.
It also has a $26 billion private placement agreement with Advanced Micro Devices, Broadcom, Google, Micron, Microsoft, Nvidia and Taiwan Semiconductor Manufacturing Company.
The filing comes as public markets have grown more skeptical of the AI trade and its costly infrastructure needs.
💬 Does a listing this large change how you view the AI boom?
Source: CNBC, The New York Times, TechCrunch
Trading crypto from Dubai since 2019.