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IPO & listingMint

Anthropic IPO oversubscribed nearly six times

Positive+46

GreyOak summary

Anthropic's IPO received nearly six times the demand, seeking a valuation up to $1.4 trillion. The company aims to raise $64.4 billion at $70-$78 per share. This occurs as Nvidia shares correct over 30% amid leadership concerns.

What it affects

  • AI and data centresPositive +46

    AI sector volatility drives Anthropic IPO interest.Rolling sentiment Positive +20

Source

Read the original at Mint

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