Claude chatbot maker Anthropic is set to be valued at £970 billion when it makes its stock market debut later this month.
The artificial intelligence giant has set the price for its initial public offering, with plans to sell 825 million shares at between £52 and £59 each.
Bosses say the move will raise £45.3 billion.
In its initial public offering prospectus, Anthropic said it believes artificial intelligence is “one of the most consequential technologies in human history”.
However, it also highlighted the risks associated with the technology.
It acknowledged narratives surrounding the “potential adverse societal impacts of artificial intelligence, including that it may displace or eliminate jobs, may be misused or otherwise cause harm, and may pose catastrophic or existential risks to humanity”.
The document also revealed recent financial performance figures showing revenues are growing rapidly, but that it has yet to make a profit.
It reported net losses widening to £60 billion in the first half of 2026 from £9.7 billion for the same period a year earlier.
Revenues totalled £12.2 billion in the first half of 2026, having grown rapidly from £31 million over 2023.
Anthropic’s shares are expected to list on the Nasdaq under the ANT ticker symbol.
bdaily.co.uk
