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‘This is the big one’: Fundies have their say on Anthropic IPO

The Australian Financial Review (AFR) •
November 13, 2026 • 06:00 PM
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The company’s blockbuster float will be a pivotal test for the AI trade. Eight top fund managers deliver their verdict on what could be the biggest IPO so far.

‘This is the big one’: Fundies have their say on Anthropic IPO

After months of speculation, artificial intelligence giant Anthropic is finally in the home stretch for its blockbuster initial public offering. While some of Australia’s top fund managers can’t wait to snag a slice of the first publicly listed frontier AI lab, other investors aren’t willing to pay top dollar for the uncertainty attached to it.

The company behind the Claude large language model aims to raise as much as $US90.4 billion ($132.8 billion) in the IPO and a private placement, which would surpass SpaceX as the biggest listing ever. The deal, which is set to be priced next Wednesday (Thursday AEDT) and trade the following day, has already drawn several times the orders for the available shares.

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Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
CNBC World
47m ago
The AI trade faces big tests next week, starting with Nvidia earnings and capped by Anthropic IPO

The AI trade faces big tests next week, starting with Nvidia earnings and capped by Anthropic IPO

There are two potential catalysts next week that could either revive or help snuff out the tech recovery.

#ipo #anthropic
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The Next Web (TNW)
1d ago
Anthropic IPO: ‘required to validate’ AI stock valuations, says Coben

Anthropic IPO: ‘required to validate’ AI stock valuations, says Coben

Bloomberg says the Anthropic IPO has drawn several times the orders on offer, as the founders sell $1.75bn and Europeans get to buy in.

#ipo #anthropic
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TechCrunch
3d ago
All 7 Anthropic founders will each cash out about $250M in IPO | TechCrunch

All 7 Anthropic founders will each cash out about $250M in IPO | TechCrunch

Each of the seven co-founders plans to sell exactly the same number of shares in the IPO, which would bring each of them about $250 million in cash at the midpoint of the price range while leaving the group in control of the company.

#ipo #anthropic
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The Verge
3d ago
Anthropic targets $1.4 trillion IPO

Anthropic targets $1.4 trillion IPO

Anthropic’s public offering is expected to make it one of the world’s most valuable publicly traded companies as soon as next week.

#ipo #anthropic
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CNN International
3d ago
We’ve never seen anything like the Anthropic IPO | CNN Business

We’ve never seen anything like the Anthropic IPO | CNN Business

Anthropic’s debut on public markets will be unlike any that’s come before it, in ways that amount to either a once-in-a-generation opportunity — or a massive financial gamble, depending on whom you ask.

#ipo #anthropic
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The Guardian
3d ago
Anthropic targets valuation of up to $1.4tn in stock market flotation

Anthropic targets valuation of up to $1.4tn in stock market flotation

Claude chatbot developer had been reported to be aiming for $2tn IPO on Wall Street before investors cooled on AI

#ipo #anthropic
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