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Anthropic Sets IPO Price

5 hours ago 0

Anthropic, a notable AI startup, has revealed the price range for its much-anticipated Initial Public Offering (IPO). According to a regulatory filing on Tuesday, shares will be priced between $70 and $78. This pricing suggests that the company aims to raise between $57 billion and $64 billion.

The filing also states that Anthropic has secured an agreement with several investors, including Broadcom, Google, and Nvidia. These investors have committed to purchasing $26 billion in shares at the IPO price. This deal is expected to boost the total amount the company plans to raise to approximately $90 billion.

This news is part of an ongoing story. More updates will follow as further details become available.

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