Anthropic PBC and some of its shareholders are seeking to raise as much as $90.4 billion in an IPO and private placement, in a bid to make history as the first frontier artificial intelligence lab to go public and exceed the size of SpaceX’s record-setting first-time share sale.
The Claude chatbot maker is seeking as much as $64.4 billion in its initial public offering for $70 to $78 each, according to a filing on Tuesday with the US Securities and Exchange Commission. Anthropic is offering 801.4 million shares, while backers are selling 23.6 million shares.
The offering also includes a private placement set to raise $26 billion in aggregate, to Advanced Micro Devices Inc., Broadcom Inc., Alphabet Inc.’s Google, Micron Technology Inc., Microsoft Corp., Nvidia Corp. and Taiwan Semiconductor Manufacturing Co., the filing shows.
At the top of the price range, Anthropic would have a market value of about $1 trillion, based on the shares outstanding listed in the filing.
Anthropic’s ambitious target, including the private placement, would top SpaceX’s $75 billion base offering, or the $86.2 billion it raised with an over-allotment option. The goal defies jitters from a sharp selloff in AI-related stocks last week, driven by expectations that politicians promising tougher regulation of data centers and related infrastructure will drive up costs and limit development of the technology.