Anthropic retracts IPO details after sending filing to bankers - Reuters

Artificial intelligence company Anthropic sent bankers details of a potential blockbuster initial public offering before retracting the pricing information, saying the figures were inaccurate, Reuters reported on Monday, citing emails seen by the news agency.

The company initially circulated a copy of an IPO filing indicating plans to offer about 867 million shares at a price range of $70 to $80 apiece, potentially raising as much as $69.3 billion.

Anthropic subsequently sent another email to bankers saying the pricing details were inaccurate and that an updated filing would be provided later, according to the Reuters report.

The retraction adds uncertainty to preparations for what could be one of the largest stock market listings by an artificial intelligence company, as investors closely monitor the sector's rapid expansion and growing capital requirements.