Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion

Anthropic has announced an initial public offering (IPO) price range of $70 to $78 per share, which could result in an implied valuation of $1.404 trillion if the shares are listed at the higher end of the range. This valuation is based on a fully diluted basis. The company is preparing for its shares to be listed, with the final valuation dependent on the final share price. This move positions Anthropic as one of the most valuable companies in the market, reflecting investor confidence in its future performance.