Anthropic, the US 'startup' specialized in AI, has set an indicative range of between $70 and $78 for the price of each share in its next initial public offering, in which it plans to place 825 million shares. With this operation, the company could raise between $57.750 billion and $64.350 billion ($51.616 billion and $57.515 billion in euros).
In an updated version of the prospectus submitted to the United States Securities and Exchange Commission (SEC), the company responsible for 'Claude' has stated that "it is currently estimated that the initial public offering price per share will be between $70.00 and $78.00."
According to the document, Anthropic plans to issue 801.35 million Class A common shares, while selling shareholders will dispose of another 23.65 million shares of the same category.
In addition to the 825 million Class A common shares that will be offered in the IPO, the company has detailed that the underwriters will have an option to acquire up to 123.75 million additional shares at the initial public offering price, net of underwriting commissions.
At the same time, the firm led by Dario Amodei has signed an agreement with Advanced Micro Devices (AMD), Broadcom, Google, Micron Technology, Microsoft Corporation, Nvidia Corporation and TSMC Partners, under which these companies "have committed, individually and not jointly," to buy a total of $26.000 billion ($23.238 billion in euros) in Anthropic Class N common shares through a private placement, at a price per share equal to the initial public offering.
This private placement is conditioned on the completion of the initial public offering and is expected to be completed immediately after the same.
With the number of shares outstanding that the company expects after the stock market listing, Anthropic's pro forma market capitalization, taking as reference the maximum price of $78 per share, would be around $1.02 trillion (€911.660 billion).
Anthropic's shares are scheduled to begin trading on the Nasdaq Global Select Market under the ticker 'ANT', although the exact debut date has not yet been set.
Among the main IPO underwriters are Goldman Sachs and Morgan Stanley, two of the largest US investment banks, along with other firms such as JPMorgan, Citigroug, Barclays and Wells Fargo.
Losses and business evolution
Anthropic closed the last financial exercise with net losses of $104.039 billion (about €92.989 billion), which represents an increase of 314.4% compared with the 'red figures' of $25.107 billion (€22.440 billion) recorded in 2025.
On a quarterly basis, losses recorded between July and September amounted to $23.291 billion (€20.817 billion), 92% higher year-on-year, although 64.8% lower than the losses accounted for in the immediately preceding quarter.
With regard to revenue, the company added $33.242 billion (€29.711 billion) in the first nine months of the year, multiplying its turnover by 13 in just twelve months. Only in the third quarter did it bring in $16.956 billion (€15.155 billion), twelve times more than in the same period of the previous year.