KEY POINTS
- Anthropic plans to sell 825 million Class A shares at $70 to $78, raising about $64.4 billion at the top of the range.
- Seven compute suppliers, including Google and Nvidia, will separately buy $26 billion of non-voting stock at the IPO price.
- A Decrypt newsletter argues that the retail slice is smaller than SpaceX's and that crypto may already have absorbed the effect.
Anthropic has set terms for its initial public offering, with a price range of $70 to $78 per share, according to a Decrypt Morning Minute newsletter written by Tyler Warner. The company plans to sell 825 million Class A shares, which would raise about $64.4 billion at the top of the range.
