Anthropic sets a price range for its blockbuster IPO

Anthropic set an IPO price range of $70 to $78 per share, implying a valuation of up to $1.404 trillion, and lined up $26 billion from Nvidia, Google and other tech giants in a private placement. The blockbuster offering reflects strong investor demand for AI companies and positions the firm for significant growth as it expands its language‑model capabilities.