Anthropic aims for a record IPO with demand six times higher than supply

Anthropic is preparing for its Nasdaq debut under the symbol ANT, orchestrated by Goldman Sachs and Morgan Stanley. The company is targeting a valuation of approximately $1.4 trillion and aims to raise up to $64.4 billion through the IPO and $26 billion in private placement. Orders are reportedly exceeding supply by a factor of six, according to a source. Nvidia plans to acquire $10 billion in shares as part of the private placement. Dario Amodei is set to present the company to investors alongside Jamie Dimon during a livestream on Friday.

Nasdaq Listing Managed by Goldman Sachs and Morgan Stanley

Goldman Sachs and Morgan Stanley are leading Anthropic's IPO on the Nasdaq, where the stock will be listed under the symbol ANT. CEO Dario Amodei is scheduled to present the company to investors during a livestream on Friday, accompanied by Jamie Dimon, CEO of JPMorgan.

Fundraising Goals and Oversubscribed Order Books

Anthropic aims to raise up to $64.4 billion through the public offering and an additional $26 billion through private placement. Share orders are reportedly exceeding supply by a factor of six, according to a source. This operation could surpass SpaceX's IPO and become the largest ever conducted. Existing investors will receive priority in the allocation of shares. The company's target valuation is approximately $1.4 trillion.

Financial Indicators and Nvidia's Commitment in the Private Placement

Anthropic's annualized revenue reached $81 billion by the end of October, up from $71 billion in September. Nvidia plans to acquire $10 billion in shares as part of the private placement. Nvidia's investors have reportedly become more cautious following the dismissal of CEO Jensen Huang, which was mentioned in connection with an alleged espionage scandal.