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Economy

Anthropic Sets Price Range for Upcoming IPO on Nasdaq

El Fadaly News Desk ·

Anthropic has announced the pricing details for its initial public offering, aiming for a massive valuation amid high investor interest in the AI sector.

Anthropic has established the price range for its upcoming initial public offering, with shares expected to be priced between $70 and $78 each.

The company plans to offer 825 million shares on the Nasdaq exchange under the ticker symbol "ANT," aiming for a total valuation of $14 trillion.

This move follows the finalization of private share sale agreements with several major technology corporations.

The announcement arrives amidst a volatile political and economic climate, leading investors to closely monitor the potential impact of this offering on the artificial intelligence industry.

Music: Mixkit (mixkit_587) — Mixkit License

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