US Anthropic to raise 10 trillion yen, significantly lower than market expectations

[New York, Silicon Valley Current Affairs] On the 10th, Anthropic, an American artificial intelligence (AI) company aiming to make an initial public offering (IPO) on the NASDAQ market, announced that it has set the preliminary offering price at $70 to $78 per share (approximately 11,000 to 12,000 yen). The company expects to sell 825 million shares and raise up to $64.4 billion (approximately 10 trillion yen).

US Anthropic sales: 2.7 trillion yen; net loss shrinks - July-September period

This was disclosed in a filing with the U.S. Securities and Exchange Commission (SEC). The market had expected it to be the largest IPO in history, surpassing the $85.7 billion raised by U.S. space and AI company SpaceX, which went public in June, but there is a possibility that it will be lower. According to Reuters, the listing would give the company a market capitalization of up to $1.4 trillion (approximately 220 trillion yen), which also fell short of investors' expectations.

The opposition Democratic Party won an overwhelming victory in the U.S. midterm elections held on the 3rd of this month. Stock prices of AI-related companies had fallen sharply due to speculation that regulations on data center construction would be tightened.