Anthropic sets IPO price range of $70 to $78 per share, implying $1.404 trillion valuation

Anthropic has set a price range of $70 to $78 per share for its initial public offering. At the top of that range, the company would be valued at about $1.404 trillion on a fully diluted basis. The valuation figure reflects the highest end of the proposed pricing, so the final outcome depends on where shares ultimately list. The report, published by TechCrunch, covers the company's pricing terms as disclosed in the offering details.