[Anthropic Underwriters Consider Raising IPO Price, Target Valuation Could Rise to Over $1.5 Trillion] Beating AI News reports that, according to the Financial Times, citing sources familiar with the matter, Anthropic's IPO roadshow has received strong subscription interest. The underwriting team led by Goldman Sachs and Morgan Stanley is considering raising the offering price to over $78 per share, with a target valuation potentially rising to $1.5 trillion or higher in the coming days. Anthropic is expected to list next week, and the final offering price has not yet been determined. Anthropic's filing on Tuesday showed an initial offering price range of $70 to $78 per share, corresponding to a valuation of $1.26 trillion to $1.41 trillion on a fully diluted basis. Under the original plan, the basic IPO fundraising size was up to approximately $64 billion, with an additional nearly $10 billion if the over-allotment option was exercised. Strategic partners including Google, Nvidia, and Microsoft will also participate in a private placement at the IPO price, investing a total of $26 billion. Reports indicate that if the IPO price is increased, the total funds raised, including the additional financing, could exceed $100 billion. Three Anthropic investors stated that the company is currently more focused on raising as much capital as possible through the IPO to support computing power expenditures, rather than pursuing the highest possible valuation. Anthropic plans to invest approximately $900 billion in computing power and infrastructure over the next few years and has disclosed to investors that its annualized revenue reached $81 billion in October, and its third-quarter revenue was $17 billion. Morningstar analysts believe its fair equity value is approximately $1.7 trillion, but depending on the rate of adoption of AI tools, the valuation could range between $500 billion and $3 trillion. Some investors have also begun to promote some of the IPO placement shares to other buyers. A New York brokerage firm is representing a venture capital firm in offering up to $500 million worth of shares, a 4% premium to the final IPO price. Another venture capital firm is offering $1.25 billion worth of shares through a special purpose vehicle (SPV), valuing the company at $1.5 trillion. Anthropic previously warned it would not approve resale offers from some pre-IPO secondary market brokers. [Original Link]