Lates News

Australian retail investors will have the opportunity to participate in the IPO of AI giant Anthropic PBC. The company is targeting a valuation of $1.4 trillion in the offering. According to a filing submitted to Australia's securities regulator on Wednesday, Australian individual investors can subscribe for Anthropic shares starting Wednesday through brokers participating in the offering. The offering is expected to close on November 17, with the shares slated to begin trading on the Nasdaq on November 20. Anthropic plans to raise up to $90.4 billion through the IPO and private financing, with the offering price range set at $70 to $78 per share.