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Anthropic plans $64bn IPO
Anthropic plans to list on Nasdaq this month, offering shares for $70 to $78 and seeking to raise up to $64bn, which would value the loss-making AI company at $1.1tn to $1.3tn. Its revenue rose to $16.2bn in the six months to June, from $1.1bn a year earlier, while its pre-tax loss widened to $80.7bn. The listing comes amid market volatility and concerns about AI spending and the sector’s prospects.
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