Anthropic pushes ahead with IPO, targeting Nasdaq debut next week
Anthropic is pressing ahead with its initial public offering despite last week's AI stock selloff and aims for its shares to begin trading on the Nasdaq next Thursday or Friday under the ticker ANT, The Wall Street Journal reports, citing people familiar with the matter. The company has meetings with key investors this week and is expected to disclose its price range in a filing early this week. Investors had expected a valuation of around $1.5 trillion as recently as last week, but some major investors are now pushing for less, well below the roughly $2 trillion discussed months ago.
Source: The Wall Street Journal