Anthropic IPO is multiple times oversubscribed at $70 to $78 a share, Bloomberg says

Bloomberg says orders for Anthropic's 825 million shares at $70 to $78 have already run to multiple times the amount on offer.

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Primary source: Bloomberg

Why it matters

The planned IPO would make Anthropic the first standalone frontier AI lab to reach public markets, testing private AI valuations built at $965 billion and below. Public buyers are weighing $33.2 billion of nine-month revenue against a $104 billion reported net loss.

People in business attire walk through an entrance marked ANTHROPIC beneath several U.S. flags.

Bloomberg says orders for Anthropic's 825 million shares at $70 to $78 have already run to multiple times the amount on offer.

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