Anthropic IPO oversubscribed, banks weigh raising price above $78 range

Anthropic's IPO is seeing strong demand, with banks preparing to price above the $70-78 range, potentially lifting valuation to $1.5 trillion from $1.0 trillion. This signals robust investor appetite for AI assets, though final pricing remains uncertain. The move reflects broader AI sector momentum and could influence tech valuations.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works