Anthropic's filing offers 825 million Class A shares on Nasdaq under the ticker ANT, with trading expected around 19 November. The base offering is roughly $58bn to $64bn, and the top-of-range valuation is below the $2tn level reportedly targeted earlier. A further $26bn of non-voting stock is going to AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC. Per the filing, run-rate revenue was $81bn at the end of October, with a nine-month net loss of $104bn. For teams building on Claude, it shows a major supplier funded heavily by its own compute and cloud vendors.
