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Business

Anthropic sets its IPO price at $70 to $78 a share

Anthropic and some existing holders plan to sell 825 million shares on Nasdaq under the ticker ANT. Seven tech companies, including Google and Nvidia, will buy $26 billion more in a private deal. Reports put the value at about $1.4 trillion on a fully diluted basis.

Anthropic started its IPO roadshow on November 10, the meetings where a company pitches its shares to investors. Its updated filing sets a price range of $70 to $78 per share for 825 million Class A shares. At the top of the range, the sale would bring in about $64.4 billion.

Robotics

Agility is first dedicated humanoid maker to list in the US

The maker of the Digit robot started trading on Nasdaq on November 5 after a SPAC merger, with about $465 million before expenses. Its filing shows $174,362 in sales and a $361.9 million loss in the first half of 2026.

Agility Robotics began trading on Nasdaq as AGLT on November 5, after merging with Churchill Capital Corp XI, a SPAC. Bloomberg calls it the first dedicated humanoid company to go public in the US. The deal brought about $465 million before expenses, down from the more than $620 million expected in June. Its filing shows very small sales so far.

Business

Anthropic’s IPO filing shows $17B revenue in one quarter

Anthropic’s updated prospectus, filed on November 2, shows revenue of $17.0 billion from July to September. That is about 12 times more than a year earlier. It also lists $895.4 billion of commitments, almost all for compute, and still no share price.

Anthropic filed an amended IPO prospectus with the US Securities and Exchange Commission on Monday, November 2. It adds results for the third quarter: revenue of $16.96 billion and a net loss of $23.29 billion. The filing says most of the loss comes from the higher value of its convertible notes, not from cash spent.

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Business

Anthropic’s public IPO filing shows $16.3B in half a year

Anthropic made its stock market prospectus public on Monday and plans to list on Nasdaq as “ANT”. Revenue in the first half of 2026 was $16.3 billion, up from $1.2 billion. The net loss was $80.7 billion, mostly a paper loss on convertible notes.

Anthropic filed its prospectus with the US Securities and Exchange Commission on Monday, October 26, so investors can now read it. Its revenue was $16.3 billion in the first six months of 2026. It has not yet set the number of shares or their price.

Business

OpenAI cuts its valuation goal to $1.25T, reports say

CNBC and Bloomberg report that OpenAI is raising about $30 billion at a value of $1.25 trillion. That is $150 billion less than the figure discussed earlier. OpenAI declined to comment.

People familiar with the talks say OpenAI wants commitments from investors by the end of next week. The investment firm Coatue is in talks to co-lead the round, and investors from the United Arab Emirates are also involved, both outlets report.

Business

Anthropic plans to put 5% of its shares in a public fund

Stockholders must still approve it. The board can add 2% more for every 50% rise in the company’s value above a baseline it has not published, and the fund may not pay for lobbying.

Anthropic said on October 18 that it will commit 5% of its shares to a new Anthropic Public Benefit Fund, if its stockholders approve. The fund is a company that Anthropic fully owns, not a charity. Business Insider puts the 5% at about $48 billion, based on Anthropic’s valuation in May.

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Business

Anthropic’s IPO filing lists existential risks, reports say

Reuters and the Financial Times say they have seen the unpublished prospectus. It shows revenue up twelvefold in 2025 and an operating loss of $8 billion.

Anthropic’s prospectus for its planned stock market listing warns that advanced AI could pose “catastrophic or existential risks to humanity”, Reuters reported on September 28 after reviewing the filing. It shows revenue of nearly $4.6 billion in 2025, twelve times the year before, and a net loss of $42 billion, most of it an accounting charge. Anthropic declined to comment.

Business

Anthropic’s founders seek 50.1% of the vote, report says

The seven co-founders own about 2% each. A trust would still choose most of the board.

Anthropic is asking shareholders to approve special shares for its seven co-founders, The Information reported on September 24. Together they would hold 50.1% of the vote on most company matters. The control would last as long as at least three founders keep a minimum stake. Anthropic has not commented.