Anthropic bankers weigh raising IPO valuation to $1.5 trillion or more

Anthropic PBC's bankers are considering raising its IPO valuation to $1.5 trillion or more, according to the Financial Times, signaling strong investor demand for the AI company's public debut. Bankers expect to increase the share price above the $70 to $78 range announced in a Tuesday filing, with the IPO already fully covered by orders. The Claude chatbot maker aims to raise up to $90.4 billion at a $1.4 trillion market value, which would make it the largest listing ever, surpassing SpaceX's $75 billion base deal. The ambitious valuation reflects expectations for AI's transformative impact across industries, though it comes amid market jitters from last week's selloff in AI stocks. Anthropic is the first native AI pure-play in public markets, with over 90% of its code base contributions written by Claude.