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National News

The Times of India

National / The Times of India

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$69.3 billion IPO? Anthropic shares price details with banks, then retracts

Anthropic, an artificial intelligence company, has announced plans for an initial public offering expected soon. The IPO could raise nearly $70 billion, although pricing details have been retracted. In addition to public offerings, Anthropic lined up private placements with major tech firms like Google and Microsoft. The company reported significant losses while maintaining expectations for ongoing investments in AI and infrastructure.

10 Nov 2026 10:41 am