Anthropic plans to raise $64 billion through IPO, as per latest draft prospectus

Anthropic is targeting a fundraising of up to $64.4 billion through its initial public offering (IPO), according to the latest draft prospectus reviewed by Reuters on Tuesday. The artificial intelligence company is preparing to begin marketing the offering.

In addition to the IPO, Anthropic plans to raise $26 billion through a separate private placement involving cornerstone investors, including Google-parent Alphabet, Nvidia and Advanced Micro Devices (AMD), the draft prospectus showed.