Original post · AI translation
Anthropic 推进 IPO 路演
该公司将以每股 70 至 78 美元的价格出售最多 8.25 亿股，按这一区间计算，其估值最高可达 1.4 万亿美元。
按这一区间的上限计算，此次交易将筹集约 644 亿美元，其中 Anthropic 自身通过发行 8.01 亿股新股获得约 625 亿美元。
现有股东仅出售 2360 万股，因此几乎所有募集资金都将流入公司，而不是让早期投资者套现。
此前的讨论曾指向最高 2 万亿美元的估值；估值下调发生在科技股遭抛售，以及中期选举结果显示选民对 AI 数据中心的态度趋于负面之后。
即使下调，定价对应的估值仍高于 OpenAI 上周达到的 1.25 万亿美元私募估值。
股票预计最早于下周四或周五在纳斯达克开始交易，股票代码为“ANT”。
Original
Anthropic forges ahead with IPO roadshow They will sell up to 825M shares at $70 to $78 each, a range that values it at as much as $1.4T. At the top of that range the deal raises about $64.4B, and Anthropic itself takes roughly $62.5B from 801M new shares. Existing stockholders are selling only 23.6M shares, so almost all the cash funds the company instead of letting early investors exit. Earlier talk had pointed to as much as $2T, and the cut follows a tech selloff and midterm results showing voters souring on AI data centers. Even reduced, the price sits above the $1.25T private valuation OpenAI reached last week. Shares are expected to start trading on Nasdaq under the ticker “ANT” as soon as Thursday or Friday next week.
Anthropic 今天再次修订了其 S-1 文件。
第 2 号修订案
Anthropic 在今天提交的文件中表示，它已跨过其《负责任扩展政策》设定的一道门槛：AI 正在使 AI 研究大幅加速，因此需要更严格的安全检查。
一周前，该公司只表示自己“可能即将”跨过这道门槛。这一判断基于它对未来模型的预期，而非当前模型已展现出的任何表现。文件还将 IPO 价格定为每股 70 至 78 美元。
Original
Anthropic again amended its S-1 today. Amendment No. 2 In its today's filing, Anthropic says it has crossed a line set in its Responsible Scaling Policy: the point where AI is making AI research much faster, which requires stronger safety checks. A week earlier it said only that it “may imminently” cross it. The call is based on what it expects from future models, not on anything current models have shown. The filing also sets the IPO price at $70 to $78 a share.