newsfilter
← Latest News
TechCrunch·

Anthropic reportedly plans to move forward with IPO plans

Summary

  • Anthropic is proceeding with plans to launch a major tech IPO despite recent Nasdaq selloffs and CEO scandal revelations.
  • The company intends to set a valuation range this week and begin trading on Thursday or Friday of next week.
  • Institutional investors are pushing for a valuation below the $1.5 trillion target, which was lower than the $2 trillion figure floated months ago.
  • OpenAI, Anthropic's main rival, was valued at $1.25 trillion last week after raising $11 billion in fresh capital.

The AI company is expected to set its valuation range this week, the Wall Street Journal reported.

Keywords
AI,Anthropic,IPO,valuation