Anthropic targets $90 billion IPO at $1.4 trillion valuation

What happened: Anthropic filed with the US SEC to raise as much as $90.4 billion in an IPO and private placement, with shares marketed at $70 to $78 each. Key numbers: Base offering up to $64.4 billion; 801.4 million shares offered by the company and 23.6 million by backers; $26 billion private placement; about $100 billion including greenshoe; revenue run rate of $81 billion as of Why it matters: The target, including the greenshoe, would top SpaceX's $86.2 billion raised with its greenshoe. The filing shows more than 90% of contributions to Anthropic's code base were written by Claude. Coverage: 15+ outlets in 24h

Anthropic filed with the US SEC to raise as much as $90.4 billion in an IPO and private placement, with shares marketed at $70 to $78 each.

The target, including the greenshoe, would top SpaceX's $86.2 billion raised with its greenshoe. The filing shows more than 90% of contributions to Anthropic's code base were written by Claude.