Anthropic Plans IPO to Raise Up to $64.4 Billion as Compute Commitments Reach $900 Billion

At a glance

Anthropic, the AI company, plans to list on the Nasdaq and offer shares at $70 to $78 each. At the top of the range it could raise about $64.4 billion. The filing also shows roughly $900.9 billion in existing commitments for chips, data centers, and power.

Key points

1. 1

   The company plans to start trading on Nasdaq under the ticker ANT.

2. 2

   About 800.1 million of the 825 million shares offered are newly issued.

3. 3

   Google, Nvidia, and Microsoft plan to buy $26 billion of shares in the IPO separately.

4. 4

   About $70.7 billion of the purchase commitments must be paid within a year.

Why it matters

The money raised will feed data center construction that strains power grids, and it will shape AI usage costs and which suppliers grow. Ordinary investors will have little say in how the company is run.

Also reported by

• The New York TimesAnthropic Targets Valuation of Up to $1.4 Trillion for Blockbuster I.P.O.
• TechCrunchAnthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion
• The VergeAnthropic targets $1.4 trillion IPO
• 조선일보앤스로픽, 몸값 최대 1조4000억달러로 상장 추진…TSMC도 투자 가세