Anthropic IPO Share Range Points to Potential $64.4 Billion Raise
Shares are indicated at $70 to $78. The $1.4 trillion fully diluted valuation target was reported earlier.

Anthropic’s proposed U.S. IPO has an indicated price range of $70 to $78 per share and could raise as much as $64.4 billion, outlining the potential scale of a public offering by the developer of the Claude chatbot.
The share range is indicative, and the fundraising amount is a potential maximum. The $64.4 billion figure describes the possible raise; it is separate from the company’s fully diluted valuation target.
That target is $1.4 trillion, a figure already covered in earlier coverage of Anthropic’s IPO valuation. Previous coverage described a separate expected valuation of up to $1.75 trillion. The $1.4 trillion target is not a newly disclosed figure here.
The proposed offering could test investor appetite for a large AI-company listing given its substantial infrastructure needs. Separately, the offering comes amid debate over how to value AI models.
Final share pricing and investor interest are the next measures to watch as Anthropic moves toward a public listing.