Anthropic is targeting a valuation of up to $1.4trillion in its stock market debut – from the previously mooted $2trillion – following last week’s dramatic selloff in AI stocks.
In an updated filing on Tuesday, the developer of the Claude chatbot said it aimed to raise up to $64.4billion in its initial public offering (IPO) by selling 825million shares at a price range of $70 and $78 per share.
Britain’s army of retail investors will be offered the chance to take part with a minimum investment of £250. We explain more below.
The IPO is expected imminently after the California-based firm previously guided
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