With IPO looming, Anthropic launches new AI models, workplace tools

Anthropic's headquarters on Howard Street in San Francisco. Benjamin Fanjoy / Stringer via Getty Images

Despite the economic upheaval in the stock market, Anthropic plans to file its IPO at a valuation of $1.33 trillion, well below the previously expected $2 trillion.

The plan gives enterprises insight into the vendor's financials, especially as they integrate the generative AI vendor’s newly updated Claude Fable 5.2 and Claude Mythos 5.2 models, as well as Claude Enterprise capabilities, into their workflows.

Anthropic said in an amended registration statement with the SEC filing on Tuesday that it would sell about 825 million shares for $70 to $78 per share. With the filing, Anthropic expects to raise about $61 billion and an another $26 billion from investors such as chipmaker AMD.

The vendor set the price of its upcoming public shares a day after Anthropic released Claude Fable 5.2 and Claude Mythos 5.2.

The models focus on improvements in coding, reasoning and vision and can communicate more clearly than past models, according to Anthropic. The vendor also released new capabilities on Tuesday for Claude Enterprise for meetings, whiteboards, spreadsheets, data and connectors to Adobe, Atlassian and HubSpot.

The releases and the vendor’s continued plans to pursue an IPO come after a week of upheaval in the financial markets, during which many investors responded to the shift in the political landscape and widespread dislike of AI data centers by selling their tech shares.

Many hedge funds sold tech stocks right after the Nov. 3mid-term elections, switching to stocks in sectors such as healthcare and utilities.

IPO does not equal worth

However, the $1.3 trillion that Anthropic now projects for its IPO - expected next week, before the U.S. Thanksgiving holiday - should not be seen as equivalent to the vendor’s technology, according to Shay Boloor, chief market strategist at Futurum Equities.

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