An Anthropic representative sent out a copy of the document, according to which the company planned to list about 867 million shares at a price of $70 to $80. The company subsequently sent out another letter saying that the pricing data was incorrect and promising to provide updated information later.
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The letter did not specify which pricing information was incorrect; It was not possible to find out this information in any other way, reports Reuters. The original version of the document, which was later withdrawn, stated Anthropic’s intention to sell about 843.3 million shares, and another 23.3 million securities were planned to be sold by the company’s current shareholders. If the upper limit of the price range was reached, the volume of funds raised during the initial public offering (IPO) would be $69.3 billion.
In parallel with the IPO, the company agreed with the largest technology corporations to raise another $26 billion, it also followed from the document. Google, Nvidia, AMD, Broadcom, Micron, Microsoft and TSMC agreed to participate in the private placement of shares at the IPO price. The deal was to be closed immediately upon completion of the initial offering.
Anthropic is expected to formally begin a series of investor meetings today, with the final offering price to be determined next week. Currently, many companies in the artificial intelligence and data center industries are delaying or canceling IPOs due to rising interest rates and investor skepticism. Investors had previously discussed Anthropic’s valuation at up to $2 trillion, but the top end of the range is now pegged at $1.5 trillion.
Anthropic was founded in 2021 by people from OpenAI. She has now become one of the leading developers in the field of generative AI thanks to the Claude family of models. The company’s rapid growth was ensured by support from Google and Amazon – they act as suppliers of the company’s computing power, but remain its competitors in the field of AI. Anthropic’s obligations to partners amount to almost $900 billion. In the third quarter, the company received income of almost $17 billion.
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