Anthropic’s amended S-1 filing on November 10 set a $70–$78 per share price range for 825 million Class A shares, targeting a fully diluted valuation up to $1.404 trillion and potential IPO proceeds of $57.8–$64.4 billion. The filing also disclosed an immediate $26 billion concurrent private placement at the IPO price with strategic investors including Google, Nvidia, Microsoft, AMD, and others. Run-rate revenue reached $81 billion by late October while net losses remained elevated, reflecting heavy compute commitments. Shares are scheduled to price around November 18 and begin Nasdaq trading under ticker ANT on November 19, subject to final demand and regulatory clearance. Strong order interest and the compressed timeline relative to earlier delays have anchored near-term market-implied odds for completion before year-end.
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