A post by @FirstSquawk on X.
ANTHROPIC TARGETS ABOUT $1 TRILLION MARKET VALUE IN NASDAQ IPO.
@FirstSquawk on X
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Anthropic is targeting a market valuation of roughly $1 trillion for its planned Nasdaq initial public offering, according to a First Squawk report. The AI developer would list on the Nasdaq exchange at a scale that would rank it among the largest U.S. companies by market capitalization. The target signals continued investor appetite for leading artificial intelligence firms despite scrutiny of the sector's valuations. Details on the offering's size, timing and pricing have yet to be disclosed. What to watch next: formal IPO filings, the underwriter lineup and any revision to the $1 trillion target as the listing approaches.
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Anthropic, Nasdaq