A post by @DeItaone on X.

Anthropic is targeting a valuation of up to $1.4 trillion in what would be a record AI IPO, marketing 825 million shares at $70–$78 apiece to raise as much as $90.4 billion. The offering implies a valuation range of $1.25 trillion to $1.4 trillion, with Yorkville's Dan Ives expecting strong institutional demand for the shares. The listing would rank as the largest AI IPO to date and a landmark test of public-market appetite for frontier AI developers. Investors will watch the final pricing and first-day trading for signals on how the public market values AI labs relative to their private backers.