Anthropic, the company behind the Claude AI chatbot, is targeting a valuation of roughly $1.3 trillion to $1.4 trillion as it prepares for a US initial public offering, with reports describing it as potentially one of the largest IPOs on record. Multiple outlets say the company’s proposed share price range is $70 to $78, implying a valuation at the high end around $1.4 trillion.

Several publications also focus on the scale of money connected to the listing. Tech-focused and business outlets report Anthropic plans to offer about 825 million shares within the stated range. Bloomberg adds that the company seeks to raise as much as $90.4 billion when including proceeds from both the IPO and a private placement, while other outlets highlight the IPO-related ambition even amid broader questions about funding flows into AI.

Coverage differs mainly in precision and emphasis: some sources foreground the lower $1.3 trillion figure, while others highlight the top-of-range implied valuation near $1.4 trillion and whether the target is presented as fully diluted. A few outlets add details such as the prospect of specific trading timing or private-placement involvement, but all broadly agree on the valuation target and price range.