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Anthropic said it will offer 825 million shares in its upcoming IPO at a price range between $70 to $78 per share, according to an updated filing on Tuesday, bringing the five-year-old artificial intelligence lab a step closer to a potentially historic Nasdaq debut. At the high end of the range, Anthropic would net up to $64.35 billion in proceeds through the IPO. The company could end up being worth up to $1.405 trillion on a fully diluted basis, up from the $965 billion valuation it announced as part of a funding round in May.
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