Anthropic targets $1 trillion valuation in blockbuster Nasdaq listing

Amid looming AI competitiveness, Anthropic's ambitious IPO faces valuation skepticism and financial scrutiny from investors. Anthropic is targeting a valuation of up to $1 trillion in its planned IPO, seeking to raise as much as $64.4 billion through a share sale priced between $70 and $78, according to a Tuesday regulatory filing . The AI company is also pursuing a separate $26 billion private placement with strategic investors, potentially bringing the combined fundraising to $90.4 billion. The private placement includes commitments from Google , NVIDIA , AMD , Broadcom , Micron, Microsoft and TSMC. The deal is expected to provide a major capital injection as Anthropic prepares to list on the Nasdaq under the ticker ANT.

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