ANTHROPIC'S $90 BILLION IPO IS ALREADY MULTIPLE TIMES OVERSUBSCRIBED

Anthropic ($ANT) has reportedly attracted several times more investor orders than shares available, according to Bloomberg, citing people familiar with the offering.

The Claude maker aims to raise up to $90.4B through its IPO and private placement, potentially making it the largest public listing in history.

Anthropic is targeting a $1.4 trillion fully diluted valuation, with Goldman Sachs and Morgan Stanley leading the offering.

Demand is being driven by large institutional orders, while some investors are reportedly already reselling portions of their allocations at premiums.

The AI IPO frenzy is accelerating before Anthropic even begins trading on Nasdaq