Anthropic retracts filing details for nearly $70 billion IPO
What’s new: the draft showed another $26 billion from Google, Microsoft, Nvidia and other tech backers tied to the listing.
Anthropic briefly circulated draft IPO terms showing plans to raise nearly $70 billion before retracting the details and telling banks the pricing information was inaccurate. Emails reviewed by Reuters showed the AI company had aimed to sell about 866.7 million Class A shares at $70 to $80 each, including 23.3 million shares from existing holders. At the top of that range, the deal would have raised $69.3 billion. The draft filing also showed a separate $26 billion private placement from Alphabet’s Google, Nvidia, Advanced Micro Devices, Broadcom, Micron Technology, Microsoft and TSMC to close just after the IPO. Anthropic is still expected to begin its roadshow Tuesday, with pricing expected next week.