Anthropic’s IPO is said to be multiple times oversubscribed

Detailed summary
Anthropic PBC is witnessing an overwhelming response for its initial public offering, potentially accumulating up to $90.4 billion. This bullish sentiment reflects a staggering anticipated market valuation of around $1.4 trillion. With a significant revenue run rate of $81 billion as of October 31, investor enthusiasm remains high. The IPO is managed by Goldman Sachs Group Inc.
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Opening of the article, excerpted from The Economic Times. To read the rest, open the article on the publisher's site.
MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (economictimes.indiatimes.com)

