Anthropic IPO buzz: CFO Krishna Rao’s stake could be worth $703 million as AI firm eyes $1.4 trillion valuation

Indian-origin Krishna Rao, chief financial officer of artificial intelligence startup Anthropic, could see his stake in the Claude chatbot maker valued at around $703 million as the company gears up for its much-anticipated initial public offering (IPO).

The Claude chatbot maker is targeting a fundraising of up to $90.4 billion through its IPO and a concurrent private placement involving some of the world’s largest technology companies. The proposed transaction could give the company a fully diluted valuation of approximately $1.4 trillion.