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Anthropic sets a price range for its blockbuster IPO

Business Insider
Image: Business Insider

Anthropic CEO Dario Amodei.

Kevin Dietsch/Getty Images

Anthropic has set a price for its much-anticipated IPO .

In a regulatory filing on Tuesday, the AI startup said that shares for the upcoming public offering would be priced between $70 and $78, indicating that it intends to raise between $57 billion and $64 billion.

The filing also said that Anthropic has entered into an agreement with investors including Broadcom, Google, and Nvidia to purchase $26 billion in shares at the IPO price, taking the total amount the company expects to raise up to around $90 billion.

This is a developing story. Check back later for updates.

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