According to Bloomberg, Anthropic will IPO next week on Thursday, November 19. The company’s shares will trade on Nasdaq and be offered to investors at between $70 and $78 a share. The company is targeting a valuation of around $1.4 trillion and looking to raise as much as $64.4 billion from the IPO, plus another $26 billion through a private placement. More details can be found in this article. The amended S-1 can be found here.

The stakes are high for this IPO. From Wall Street to Sand Hill Road, all types of investors will be watching this year’s most highly anticipated IPO of a major player in AI.