Analysis: Sam Bankman-Fried's $500M Anthropic investment in 2021 would be worth ~$37B if Anthropic lists at ~$1.5T; he relinquished his stake in 2024 for ~$1.3B (George Hammond/Financial Times)

Sources: Anthropic's bankers are weighing plans to raise its IPO price following heavy demand, which could increase the valuation target to $1.5T or more (Financial Times)

Draft prospectus: Anthropic's IPO is set to raise up to $64.4B, pricing shares at $70 to $78 each; Anthropic will also raise $26B via cornerstone investors (Echo Wang/Reuters)

Sources: institutional investors told Anthropic that its IPO valuation should be around $1.5T to $1.6T, down from estimates of $2T, citing a tech stock selloff (Wall Street Journal)