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Anthropic Sets IPO Price Range Valuing Company at Up to $1.4 Trillion

(2 hours ago) · 1 source · Summarized by CryptoBipto

Anthropic, the artificial intelligence company, has set its initial public offering price range at $70 to $78 per share, which would value the company at up to $1.4 trillion. The IPO represents one of the largest public listings for an AI company to date.

WHY IT MATTERS

An IPO, or initial public offering, is when a private company sells shares to the public for the first time, allowing everyday investors to buy ownership stakes.

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SOURCES

  • decrypt.co

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