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Anthropic's IPO has reportedly drawn demand for about six times the shares available ahead of its expected Nasdaq debut on November 19.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Anthropik's initial public offering has reportedly attracted demand for about
00:07six times the shares available, according to Reuters. The AI company plans to prioritize
00:12existing investors, potentially reducing allocations for other buyers. The offering
00:17could raise up to $64.4 billion through the sale of 825 million shares, priced between $70 and $78
00:26each. The IPO would value the Claude Chatbot creator at up to $1.4 trillion, slightly below
00:34some investor expectations. The offering could become the largest IPO on record and represents
00:39a key test of Wall Street's confidence in artificial intelligence. Shares are expected
00:44to begin trading on the Nasdaq on November 19th. Anthropik was unavailable for comment.
00:50For all things money, visit Benzinga.com.