Anthropic has just revealed its IPO price range: $70 to $78 per share, with 825 million shares on offer. That would raise up to $64.35 billion in the base offering, plus $26 billion in a private placement, for a total of $90.4 billion. Its fully diluted valuation could reach $1.405 trillion, but based on outstanding shares alone, it’s just over $1 trillion—a 30% drop from the $2 trillion valuation the market was touting in early October. Third-quarter revenue was $17 billion, up 12-fold year over year, and annualized revenue had reached $81 billion by the end of October. Pricing is set for November 18, with a Nasdaq listing on November 19 under the ticker ANT. The first AI lab to go public—and this time, Wall Street is voting with real money. #Anthropic #IPO