Anthropic IPO to raise up to $64.4B at $70-$78 per share

The pricing band is the story here: a raise of this size would place Anthropic among the largest listings on record, and the range itself signals how the underwriters are framing demand before any bookbuilding is public. What is missing matters just as much — no share count, no venue — so the headline number is a ceiling rather than a fixed plan, and the actual valuation depends on terms not yet filed. For anyone tracking the AI-to-public-markets pipeline, the open question is whether the final terms land at the top of the range and how the offering is absorbed relative to its size.