Anthropic Targets $1.4 Trillion Valuation in IPO

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Anthropic has confirmed that its initial public offering could be among the largest ever, though its targeted valuation falls below earlier expectations. Per the Wall Street Journal, the company is aiming for its shares to begin trading as early as next Thursday or Friday. The expected IPO price range is $70.00 to $78.00 per share. Reuters reported that the company had previously been anticipated to be valued at as much as $2 trillion. For comparison, rival OpenAI was valued at $1.25 trillion as of last week.

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