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.
Global stock markets climbed as investors continued betting on artificial intelligence, led by a massive profit surge from SK Hynix and gains in US tech shares.
US tech stocks fell sharply on Thursday with the Nasdaq dropping 2.6 percent. Investors are questioning the sustainability of massive AI capital spending.