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Dario Amodei’s Pitch to IPO Investors: Claude Is Worth What It Costs

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Source: New York Observer

Dario Amodei) in blue cardigan and glasses sits in chair onstage" width="970" height="647" data-caption='Dario Amodei is bringing Anthropic to public investors as its computing and infrastructure commitments grow. Photo by Chance Yeh/Getty Images for HubSpot'> Dario Amodei is pressing ahead with Anthropic’s IPO as the cost of building and running Claude keeps climbing. The company on Tuesday, Nov. 10 amended its registration statement to offer shares at between $70 and $78 each, raising up to $64.4 billion for Anthropic and selling shareholders. A separate $26 billion private placement with business partners including Broadcom, Google, Nvidia and Microsoft would bring the combined gross total to $90.4 billion before any underwriters’ option. The new capital would help finance Claude’s advancement. Anthropic estimates it would receive $84.6 billion after fees from the IPO and private placement at the midpoint of the price range.

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Read the original at New York Observer

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