Startups and VCUpdated 5h ago

Anthropic proposes an IPO of up to $64.4 billion, valuing it at up to $1.4 trillion.

Anthropic has put a ceiling on its proposed IPO: it plans to raise as much as $64.4 billion at a valuation of up to $1.4 trillion, Axios reports. Those are proposed maximums, not final terms. Axios says the valuation target is roughly $600 billion below what investors had envisioned just months earlier, as slower revenue growth, soaring infrastructure costs and a punishing market selloff tempered expectations.

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