Big2 sources· last seen 17h ago· first seen 23h ago

All 7 Anthropic founders will each cash out about $250M in IPO

Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as $1.4 trillion, according to the The New York Times. The Wall

Lead: TechCrunch AIBigness: 64anthropicfounderscashout250m
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Each of the seven co-founders plans to sell exactly the same number of shares in the IPO, which would bring each of them about $250 million in cash at the midpoint of the price range while leaving the group in control of the company.

Anthropic targets $1.4 trillion IPO
RSS · The Verge AI · 23h ago
score 206

Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as $1.4 trillion, according to the The New York Times. The Wall