Anthropic IPO Demand Surges to Six Times Shares Offered
Anthropic's planned initial public offering has attracted orders roughly six times the number of shares on offer, indicating accelerating investor interest. The company and its co‑founders are seeking to raise up to $64.4 billion through the IPO and an additional $26 billion via a concurrent private placement, bringing the total offering size to about $90.4 billion, which would exceed SpaceX's planned IPO. Bankers have indicated that existing backers will receive priority allocations, meaning some new investors may receive smaller shares than anticipated. Nvidia, a strategic partner and investor, has agreed to purchase approximately $10 billion of Anthropic shares in the private placement and has committed tens of billions of dollars to secure access to Anthropic's AI infrastructure and computing needs. Anthropic is targeting a fully diluted valuation of roughly $1.4 trillion, below some earlier expectations, and the strong demand could allow the company to raise its final pricing. A livestreamed event featuring Chief Executive Officer Dario Amodei and JPMorgan Chase CEO Jamie Dimon was held ahead of the listing. All offering details, including reported demand, remain subject to change.