Anthropic seeks valuation of up to $1.4 trillion for IPO

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Anthropic is seeking a valuation of up to $1.4 trillion for an initial public offering expected later this month. Its filing says it plans to offer 825 million shares at $70 to $78 each.

Anthropic is seeking a valuation of up to $1.4 trillion for its blockbuster initial public offering (IPO) expected later this month. In a new filing with the Securities and Exchange Commission, Anthropic said it is planning to sell 825 million shares between $70 and $78 a share. If the company lists shares at the top…