Anthropic Sets IPO Range Valuing Company At Up To $1.4 Trillion, Says AI May Pose “Existential Risks To Humanity”

Anthropic has set a price range for its initial public offering that could value the AI company at more than $1.4 trillion, making the flotation a major test of investor appetite for artificial intelligence firms. Its registration documents also spell out concerns that advanced AI could cause serious harm, including risks the company describes as potentially existential if systems lack adequate safeguards and oversight.

The company plans to offer 825 million shares at $70 to $78 each, trading on Nasdaq as ANT; at the midpoint, it expects to raise more than $60 billion. It also plans a separate $26 billion share sale to major investors including Google, AMD, Microsoft, Broadcom and Nvidia. The filing warns of unintended model behaviour, risks in sensitive sectors and the possibility that autonomous AI agents could amplify harmful actions; reports said trading was likely to begin on 19 November.