AIReutersabout 1 hour ago
Anthropic IPO Demand Doubles Then Six-Folds
5 min read
Institutional investors show strong interest in Anthropic's initial public offering, with orders doubling by Tuesday and reaching six times oversubscription by Thursday. The company expects to price the $64 billion deal by next Wednesday, though investors question its long-term durability against rivals like Google and the accuracy of projected 2028 revenue estimates ranging from $270 billion to $280 billion.
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