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Reports put Anthropic’s IPO target below earlier expectations

Crunchbase News reports that Anthropic is seeking an IPO valuation of up to $1.4 trillion, below earlier reported investor expectations closer to $2 trillion. The Information puts the company’s stated target between $1.26 trillion and $1.4 trillion. It also reports that advisers may be guiding the valuation lower to help secure demand, with room for the price or share count to rise if demand is strong.

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Coverage started Yesterday