Summary
- Investor demand for U.S. artificial intelligence company Anthropic’s IPO was reported to be several times the shares on offer.
- Anthropic is seeking to raise as much as $90.4 billion through its IPO and a separate private placement combined.
- Anthropic’s target valuation is as high as $1.4 trillion, and Bloomberg said a conservative offering price reflects expectations for active trading on the first day of listing.
Forecast Trend Report by Period
Anthropic, the U.S. artificial intelligence company, has attracted investor demand for its initial public offering that is several times the shares available, Bloomberg reported.
Bloomberg reported on Nov. 11, citing people familiar with the matter, that orders for Anthropic’s IPO were multiple times the shares on offer. Demand was fueled by interest from investors seeking large allocations.
Anthropic is seeking to raise as much as $90.4 billion through its IPO and a separate private placement combined. Bloomberg said the two fundraising deals together could surpass the size of SpaceX’s IPO.
Anthropic is targeting a valuation of as much as $1.4 trillion. Bloomberg said that figure is lower than some investors had expected, adding that some companies set conservative offering prices because strong demand can lift the final valuation and support active trading on the first day of listing.
