Rohan Paul
@rohanpaul_ai
FT: Anthropic’s bankers plan to raise its IPO price after heavy investor demand, lifting the target valuation back to $1.5T or more.
Tuesday’s filing set a $70-$78 share range, implying $1.26T to $1.41T once employee options and restricted shares are counted.
Pricing above that range would push proceeds past $100B, including $26B that Google, Nvidia and Microsoft will invest at the IPO price.
Three backers say Anthropic now cares more about raising cash than maximizing valuation, because it plans about $900B of compute and infrastructure spending.
