Anthropic targets $1.4 trillion IPO

Anthropic's IPO is expected to be one of the biggest ever, with a valuation as high as $1.4 trillion, despite falling short of previous expectations of up to $2 trillion. The IPO price is expected to be between $70.00 and $78.00 per share, with shares potentially trading next week. Anthropic's valuation is expected to make it one of the world's most valuable publicly traded companies. The company has applied to list its Class A common stock on the Nasdaq Global Select Market under the symbol 'ANT'.