Artificial intelligence developer Anthropic has set the price range for its upcoming IPO on the Nasdaq stock exchange at $70-$78 per share, CNBC reports. The company plans to place 825 million securities, which will raise up to 64.35 billion dollars and achieve a business value of up to 1.4 trillion dollars. In the first nine months of the year, the startup's revenues grew by 1,200% year-on-year and reached $33.24 billion, and the net loss amounted to $104 billion due to the revaluation of financial obligations.

Artificial intelligence developer Anthropic has set the price range for its upcoming IPO on the Nasdaq stock exchange at $70-$78 per share, CNBC reports. The company plans to place 825 million securities, which will raise up to 64.35 billion dollars and achieve a business value of up to 1.4 trillion dollars. In the first nine months of the year, the startup's revenues grew by 1,200% year-on-year and reached $33.24 billion, and the net loss amounted to $104 billion due to the revaluation of financial obligations.