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Anthropic plans a significant IPO that could raise around $100 billion, valuing the company at approximately $1.4 trillion. The SEC filings indicate a share price range of $70 to $78, with a base offering potentially reaching $64.4 billion. The company aims to attract an additional $26 billion from strategic investors like Google and Microsoft. Anthropic reported nearly $17 billion in revenue for Q3, up from $1.4 billion last year, but faced operational losses of $567 million. The IPO comes amid increasing competition in the AI sector, raising questions about the sustainability of revenue against high development costs.
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