Anthropic Cuts IPO 7% After Pricing Mix-Up, Jim Cramer’s ‘Most Consequential Deal’ Wobbles

Anthropic, the company behind the Claude chatbot, now plans to raise up to $64.4 billion in its stock market debut. That is about 7%, or $4.9 billion, less than a filing its lawyers sent to banks on Monday night, then pulled back hours later as wrong. The stumble comes days before trading starts, and the fallout reaches beyond Anthropic. Nvidia, Google, Microsoft and four other tech giants have agreed to buy $26 billion of Anthropic stock at whatever price the public offering sets. What Changed Between the Two Filings? The first version offered about 867 million shares at $70 to $80 each. Anthropic’s outside counsel in Canada then told the banks some details were incorrect, according to The Information.

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