Bankers push for higher Anthropic IPO price

Banks managing the IPO of AI company Anthropic are attempting to push the share price higher than the company's own estimates. Anthropic, the maker of the AI agent Claude, has projected a price range of $70–78 per share, implying a valuation of around $1.4 trillion. However, banks including Goldman Sachs and Morgan Stanley are targeting a valuation of $1.5 trillion or more, according to five anonymous sources cited in the report. Raising the price above the $70–78 range would increase the proceeds from new investors beyond the estimated $64 billion. Strategic partners such as Google, Nvidia, and Microsoft are also set to purchase $26 billion worth of Anthropic shares during the IPO. The company's filing with the U.S. Securities and Exchange Commission includes employee options and special shares in the valuation calculation.