Anthropic's IPO is six times oversubscribed and on track to become the largest public offering in history

According to Bloomberg, Anthropic's IPO orders exceed available shares by a factor of six, with the company and its co-founders aiming to raise up to $64.4 billion through the public offering and another $26 billion via a private placement, targeting a valuation of roughly $1.4 trillion. Anthropic's annualized revenue climbed to $81 billion by late October, up from $71 billion in September, and Nvidia is buying $10 billion in Anthropic stock through the private placement. Goldman Sachs and Morgan Stanley are managing the Nasdaq listing under the ticker ANT, and CEO Dario Amodei will pitch investors alongside JPMorgan CEO Jamie Dimon in a Friday livestream.