
Anthropic IPO: $70-$80 Price Range Pulled at Roadshow
Anthropic starts marketing its Nasdaq IPO Nov. 10 after pulling a $70-$80 range sent to bankers. What the numbers imply, how valuation fell, what to watch.
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Anthropic starts marketing its Nasdaq IPO Nov. 10 after pulling a $70-$80 range sent to bankers. What the numbers imply, how valuation fell, what to watch.

METR's Nov. 5 report puts Anthropic's AI R&D acceleration near 1.9x, with most evidence redacted. Anthropic's own risk report said "less than a factor of 2."

Reuters and Bloomberg report OpenAI closed $11B of a larger round at a $1.25T valuation. That is 47% above March, but far short of the $30B it sought.

Anthropic's amended S-1 shows $17.0B in Q3 revenue and $895.4B in compute commitments, but about $213.8B of the total can be terminated or is conditional.