Anthropic Targets Over $1 Trillion Valuation in Upcoming IPO Amid AI Market Volatility

Anthropic plans to raise $64.4 billion through an IPO of 825 million shares priced between $70 and a level that would value the AI company at up to $1.4 trillion. The offering comes despite mounting investor concerns over AI infrastructure spending and recent stock market volatility. The listing would rank among the largest tech IPOs and serves as a key test of public-market appetite for AI companies after a period of heavy private fundraising. What to watch next is final pricing and first-day trading, which will indicate whether investors accept the trillion-dollar-plus valuation amid volatile AI sentiment.