Anthropic Plans to Sell $3.5 Billion Worth of Shares to Japanese Investors in Its IPO

TechFlow report, November 02: documents show that artificial intelligence company Anthropic will sell up to ¥552.9 billion (about $3.5 billion) worth of shares to Japanese investors during its U.S. listing. The documents said proceeds from new shares issued to Japanese investors will be used to supplement working capital and pay operating expenses and capital expenditures. The documents did not disclose the size or valuation of the IPO. Reuters previously reported that some investors had discussed an Anthropic valuation of about $1.5 trillion. (Jin10)

Source: TechFlow