Anthropic plans to sell $3.5 billion of shares to Japanese investors in US listing

Key facts

• Anthropic said the new shares issued to Japanese investors would raise working capital and fund operating expenses and capital expenditure.
• The filing did not state the size or valuation of Anthropic's initial public offering.
• Some investors have discussed a valuation of about $1.5 trillion for Anthropic, Reuters has reported.
• At SpaceX's June IPO, investors in Japan secured shares worth $2.2 billion of the $75 billion raised.

Anthropic plans to sell up to 552.9 billion yen ($3.5 billion) of new shares to investors in Japan as part of its US public listing, according to a filing dated Monday, November 2. The AI lab said the proceeds would raise working capital and fund operating expenses and capital expenditure.

The filing did not state the size or valuation of the initial public offering. Some investors have discussed a valuation of about $1.5 trillion for Anthropic, Reuters has reported.

The Japan allocation compares with SpaceX's IPO in June, the largest ever, in which investors in Japan secured shares worth $2.2 billion of the $75 billion raised. The filing set the dollar conversion at 157.8200 yen.