Anthropic Sets Lower than Expected Valuation, Seeks to Raise $90 Billion in IPO

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Anthropic has set a tentative IPO valuation range of $1.26 trillion to $1.4 trillion and is seeking to raise $90 billion, according to an updated securities filing. The range is below the $1.5 trillion valuation investors reportedly expected the previous month.

Anthropic set a tentative valuation for its initial public offering of between $1.26 to $1.4 trillion, slightly lower than what investors initially expected, according to an updated securities filing on Tuesday. Just last month, Anthropic was expected to go public at a valuation of $1.5 trillion ...