Anthropic targets $1.4 trillion valuation in stock market debut
Anthropic has set a price range of $70 to $78 per share and aims for a diluted valuation of up to $1.4 trillion, CNN reports.
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Anthropic has set a price range of $70 to $78 per share and aims for a diluted valuation of up to $1.4 trillion, CNN reports.
CoreWeave's results, far above expectations, reassured financial markets about the pace of artificial intelligence investment on 11 November, according to Boursorama.
According to Bloomberg, Goldman Sachs analysts project Anthropic revenue of $685 billion in 2030, including $586 billion from enterprise customers.
Anthropic launched its initial public offering roadshow on November 10, with an expected price range of $70 to $78 per share.
According to The Information, OpenAI told its investors that its third-quarter revenue reached about 10 billion dollars, an increase of roughly 50 percent.
According to Reuters, CoreWeave's results lifted Nebius, Iren, Oracle and Applied Digital by 6% to 14% and also supported Nvidia.
TSMC's board of directors has authorized up to $1 billion in investments in AI labs, split evenly between Anthropic and OpenAI.
Anthropic updated its IPO filing, with a valuation of up to $1.404 trillion implied by the price range per share.
Anthropic has set a price range of $70 to $78 per share for its IPO, with first trading targeted for November 19.
Mira Murati's startup is reportedly raising $5 billion at a $40 billion pre-money valuation, with Accel leading the round, according to sources.
Prospective buyers are now discussing an Anthropic valuation of $1.2 trillion to $1.3 trillion, Bloomberg reported, after a sharp selloff in AI stocks.
OpenAI co-founder Greg Brockman announced a partnership with JPMorganChase and said the company could be ready for an initial public offering in 2027.
OpenAI president Greg Brockman says the company could be ready to go public in 2027, with enterprises now making up most of its sales.
The European Commission unveiled the European Chip Design Platform on Wednesday, a €525 million initiative to support start-ups designing semiconductors under the EU Chips Act.
Ai2 is launching NeuralGCM+, an open-source model for decades-long climate projections, backed by multimillion-dollar, three-year funding from Google.org and technical support from Google Research.
AI inference startup Fal raised $1.3 billion in a round led by Bessemer Venture Partners, valuing it at $16 billion, double April's level.
ElevenLabs CEO Mati Staniszewski told Bloomberg the voice and audio AI company could start preparing for an initial public offering in 2028.
Runway co-CEO Anastasis Germanidis says the startup's annual recurring revenue could reach $450 million by the end of this year.
According to Menlo Ventures, enterprise AI deployment spending reached $177 billion by September 2026, up from $33 billion a year earlier.
Tutor Intelligence raised $75 million in a Series B led by Andreessen Horowitz to fund robot foundation model training and the manufacturing of its robots.
Clark launched Clerks, autonomous AI employees for audit work at CPA firms, and announced an $11 million seed round led by Touring Capital.
In its amended S-1 filed November 2 ahead of its planned IPO, Anthropic reports nearly $17 billion in third-quarter revenue.
S&P Global revised its outlook on Meta to negative from stable, citing negative cash flow and uncertainty around the company's AI capital expenditure plans.
Palantir reported third-quarter revenue of $2.31 billion on November 2, 2026, up 96% from a year earlier and above analyst expectations.
President Lee Jae Myung has proposed 21.3 trillion won for artificial intelligence and semiconductors in the 2027 budget, roughly double the 2026 amount.
Paris-based Bleu Robotics has raised €5 million in pre-seed funding for AI software that teaches an industrial humanoid robot a new task from ten demonstrations.
China's Kuaishou has completed a funding round of nearly $3 billion for Kling AI, its generative video unit, which it plans to list.
DeepSeek's second funding round, close to $16 billion, drew 27% from Chinese state-owned investors, versus 2% in April, The Information reported.
Bedrock Robotics, led by former Waymo engineers, raised $600 million in a Series C at a $4.1 billion post-money valuation.
Bites, whose AI platform creates short personalized training for frontline employees, has raised a $40 million Series A led by PeakSpan Capital.
Cohere is seeking up to C$7 billion in a Series E at a valuation of nearly C$36 billion, including a C$1.6 billion stake from Ottawa.
Dassault Systèmes has closed its ArisGlobal acquisition and is merging its life sciences and healthcare activities into one AI platform under new executive Ashwini Zenooz.
Anthropic is expanding its AI for Science program by partnering with 20 foundations, institutions and research groups that will distribute or use free Claude credits.
Broccoli AI, whose agents answer calls for plumbing, HVAC and electrical companies, has raised $52 million across its Series A and Series B rounds.
Chancellor John Healey announced in the budget a £50m civil service AI transformation fund, managed by the new Cabinet Office team GovAI.
General Motors announced on October 27, 2026 that it will transfer the listing of its common stock from the New York Stock Exchange to Nasdaq.
Anthropic's IPO filing reports $131.7 billion in cash, equivalents and short-term investments as of June 30, 2026, according to CNBC's analysis of the document.
OpenAI is reportedly offering discounts of up to 40% to attract Anthropic customers, according to The Information, which may further strain its already negative margins.
Chinese tech shares have already crashed, Reuters reports, with the STAR 50 index down 40% in under four months as global tech wobbles.
California companies have already raised $385 billion in 2026, more than all US startups in any prior year, according to Crunchbase data.
Anthropic filed a Form S-1 with the SEC for a proposed initial public offering, planning to list on Nasdaq under the symbol ANT.
Chungju signed an investment agreement with Seoul Dynamics, which will invest 20 billion won in a plant for AI-based autonomous forklifts.
Enterprise Singapore launched Catalytic AI Solutions, a three-year initiative worth over S$45 million to help advanced manufacturing SMEs deploy enterprise-level artificial intelligence.
Getty Images began Chapter 11 proceedings in Delaware to implement a plan backed by up to $533 million from the Getty family and Koch.
Soluna and Applied Digital will form a joint company to develop a 50 MW AI data center beside the Briscoe Wind Farm in Texas.
Swedish legal tech Legora raises $550 million in a Series E led by Atreides Management, at a post-money valuation of $8.8 billion.
AI lab Flapping Airplanes raises a $1 billion Series A led by Index Ventures, which had already led its seed round earlier this year.
Blacksmith, a continuous integration cloud, raises a Series C led by Sequoia that values it at $1 billion, bringing total funding to $125 million.
The US State Department announced an agreement between Crusoe and Araico to build high-performance AI infrastructure in Paraguay powered by the Itaipu hydroelectric plant.
Meta announces a new non-voting Class C stock to help finance growth and narrows its 2026 capital expenditure outlook to $135-145 billion.
Daytona has raised $60 million in a Series B at a $1 billion valuation, led by FirstMark Growth, for its AI agent execution cloud.