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Anthropic's initial public offering is roughly six times oversubscribed, with orders exceeding available shares as the Claude AI developer targets a $1.4 trillion valuation, according to Bloomberg sources cited by @DeItaone. The company is seeking $64.4 billion through the offering, supplemented by an additional $26 billion. The heavy oversubscription signals intense investor demand for large-scale AI exposure and sets up a potentially strong trading debut. What to watch next is the final IPO pricing and whether the $1.4 trillion target holds once allocations are set.

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Anthropic, Claude, Bloomberg