Anthropic Launches IPO Roadshow Targeting $64 Billion

Anthropic has kicked off its IPO roadshow, planning to sell 825 million shares at $70 to $78 each, valuing the offering at up to $64.35 billion. Seven co-founders will each sell shares worth roughly $250 million. The company reported $17 billion in revenue last quarter but posted a $536 million operating loss. Goldman Sachs projects Anthropic will close the year with $52 billion in revenue, growing tenfold by 2030. Alongside the roadshow, Anthropic launched three new productivity tools: Claude Meetings, Claude Whiteboard, and Claude Sheets. Seven major suppliers, including Nvidia, Google, and Microsoft, will purchase $26 billion in shares via private placement. Shares are expected to price November 18 on Nasdaq under ticker ANT.