Browsing: IPO

Anthropic sets its IPO price range at $70 to $78 per share, targeting a $1.4 trillion valuation. The company plans to list on Nasdaq under the ANT ticker.

OpenAI has reached a $1.25 trillion valuation following an $11 billion funding round, while rival Anthropic prepares to go public.

OpenAI has reportedly reduced its latest funding target to $20 billion, down from earlier estimates of $30 billion, as some large investors respond tepidly to the raise.

Anthropic has officially filed for an initial public offering, reporting $16.3 billion in first-half revenue and a governance structure that keeps founders in control.

Anthropic revenue surged 45% to $16.8bn (£12.7bn) in the third quarter, according to BBC reporting, as the company prepares for a stock market listing.

Nvidia-backed Firmus has scrapped its $30bn stock market debut, citing market volatility and investor concerns over valuation and debt.

OKX is preparing for a U.S. IPO after relaunching in April 2025. The aligns with a bullish crypto market and increasing investor demand for digital-asset stocks.