Anthropic files for Nasdaq IPO with $70‑$78 price band, seeks up to $1.4 trillion valuation

Anthropic has filed to list on the Nasdaq under the ticker ‘ANT’, proposing a share price between $70 and $78. The filing indicates the company will offer 825 million shares, combining new Class A shares and shares sold by existing holders.

At the top of the range, the public offering could raise roughly $64.35 billion, while a concurrent private placement involving seven major technology firms is expected to add about $26 billion, bringing total proceeds to near $90 billion.

If priced at the upper end, the IPO would value Anthropic at as much as $1.405 trillion, surpassing its earlier $965 billion valuation and positioning it among the biggest market debuts in recent history.

The company reported a nine‑month revenue of $33.24 billion, a 1,200% year‑over‑year increase, but also disclosed a net loss of $104 billion, reflecting substantial investment in AI infrastructure and ongoing financial scrutiny.