During a conversation with JPMorgan Chase CEO Jamie Dimon at the company's New York headquarters, Anthropic CEO Dario Amodei stated that the company is in no hurry to choose a specific month or market conditions for its IPO, and will adopt a "less promise, more delivery" strategy. Amodei agreed with the advice that the company's valuation should not exceed its true value by more than $1, and will remain cautious about IPO pricing.
Anthropic is targeting a valuation of approximately $1.33 trillion and plans to issue 825 million shares at $70 to $78 per share, raising over $61 billion. Investors, including Google, plan to invest approximately $26 billion through a private placement.
Amodei stated that the investment in computing power is the company's deepest business challenge, with the huge expenditure on computing resources continuing to put pressure on the company's finances.
