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Anthropic Offering $64.4B
Anthropic, the developer of the Claude models, could raise as much as $64.4 billion in its initial public offering, with shares priced within an indicative range of $70 to $78. The company is preparing to launch its marketing campaign. First-half figures showed net losses of $80.7 billion and revenue of about $16.3 billion. Revenue grew 1,368% in the second quarter, though the company warned that growth could slow and become volatile. Investors have estimated the company’s target market capitalization at about $1.5 trillion, compared with a $965 billion valuation in a funding round in May.
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