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Anthropic has set an IPO price range of $70-78 per share, aiming to raise $64.35 billion by selling 825 million shares. The final price will be determined on November 18, with trading starting on November 19 under the symbol ANT. The company's valuation is expected to reach a maximum of $1.405 trillion, lower than previous targets due to investor sentiment. Anthropic has also secured a $26 billion private placement agreement with major tech firms. Despite significant revenue growth, the company reported a net loss of $104 billion. The IPO occurs amid challenging market conditions for the AI sector.