Tuesday, 10 November, 2026
Blockbuster Retraction: Anthropic Pulls Back $69.3 Billion IPO Target
By TechShots Studio
Anthropic briefly circulated initial public offering terms to bankers detailing plans to raise up to $69.3 billion by offering roughly 867 million shares at $70 to $80 each. However, the AI startup quickly retracted the document, sending a follow-up email stating that the pricing details were inaccurate and an updated filing would be issued later.