Fiona Cincotta
senior market analyst, City Index
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Anthropic set for $1.3tn stock market debut despite 'catastrophic' AI warning
The BBC reports that Anthropic plans to sell shares at $70 to $78 on Nasdaq under the symbol ANT, raising up to $64bn at a valuation of $1.1tn to $1.3tn, below the $2tn some backers predicted. It sets this against Anthropic's own warning of catastrophic risks.