Anthropic targets $1.404 billion in IPO and prepares for private sale

Key Takeaways

1Anthropic is preparing for its IPO with an offering of 825 million Class A shares, priced between $70 and $78 each, under the symbol ANT. The valuation could reach $1.404 billion, complemented by a private sale of $26 billion in non-voting shares to several companies.

2The total funds raised could reach $93.7 billion; no official date has been announced, but rumors suggest November 19.

Why it matters : This operation could set a new valuation record for an AI company and gauge the interest of financial markets in the sector.

Anthropic is refining its IPO project and could aim for a valuation of up to $1.404 trillion. The group is simultaneously preparing a private sale of non-voting shares, while the IPO date remains unconfirmed.

Unsettled Timeline and Wall Street's Anticipation

Anthropic's IPO is being presented as a test of Wall Street's interest in artificial intelligence, but no official date has been announced. Rumors suggest November 19 as a possible listing date. Claude, Anthropic's model, has fewer users than ChatGPT and Gemini. However, according to the ranking by Artificial Analysis, Claude is considered the most powerful AI model on the market based on several evaluations.

Public Offering Details: Shares, Price, and Symbol

This week, Anthropic updated its filing with the SEC. The company plans to issue 825 million Class A shares, priced between $70 and $78 per share. The chosen stock symbol is ANT. Depending on the price range, the operation could raise between $57.75 billion and $64.35 billion.

Le brief IA que lisent les pros

Le brief IA que les pros lisent chaque soir

Les 7 actus IA du jour, décryptées en 5 min. Gratuit.

Inclus dès l'inscription : notre sélection des meilleurs guides & comparatifs IA.

Choisissez votre rythme

Gratuit · Pas de spam · Désabonnement en 1 clic

Target Valuation and Private Sale of Non-Voting Shares

Anthropic could be valued at $1.404 trillion during its IPO. The media also specifies that a private sale of Class N non-voting shares, amounting to $26 billion, would be conducted with AMD, Broadcom, Micron, Microsoft, and TSMC. The total amount of funds raised could thus reach $93.7 billion. This valuation would represent an increase from the $965 billion announced in May following a Series H funding round, while previous rumors had already indicated a target of $2 trillion.

Professional Targeting and Competitive Context

Unlike ChatGPT and Gemini, which cater to both professionals and the general public, Anthropic designs its products for professional use. This positioning facilitates revenue generation, as users like developers or accountants are more inclined to pay for a subscription. Furthermore, the creator of ChatGPT has slowed down its IPO project due to security risks associated with AI, while Anthropic continues to prepare for its listing.