Anthropic’s nearly $70b IPO plan briefly circulated to banks, then retracted

dealstreetasia.com2 min read

Details of Anthropic’s planned IPO to raise nearly $70 billion were briefly circulated to banks in a securities filing before being retracted on Monday. The initial filing indicated the AI company planned to sell 867 million shares at $70 to $80 each and had lined up $26 billion in investments from major technology companies, though Anthropic later stated the pricing details were inaccurate. The IPO arrives as other AI infrastructure companies face delays and market pressures amid questions surrounding the sustainability of AI spending. Open article →

More on this topic