Anthropic's IPO shows massive demand, targeting major capital raise

Anthropic, the developer of the Claude AI model, is reportedly facing immense investor interest ahead of its initial public offering, with orders for its shares estimated to be six times the available supply. This high demand underscores growing market enthusiasm for the company, which is positioned for a potentially landmark first-time share sale. Filings indicate that the company and its founders are aiming to secure up to $64.4 billion through the IPO, supplemented by an additional $26 billion from a private placement. When combined, the total offering size is projected to surpass the scale of SpaceX's IPO, potentially establishing it as the largest listing in history. This information was reported by Bloomberg's David Savage, citing sources familiar with the matter.