Anthropic retracts $69bn IPO plans after sending inaccurate figures to banks

Anthropic has withdrawn pricing details for its highly anticipated stock market debut after telling bankers it planned to raise as much as $69.3bn (£53bn), before claiming the figures were inaccurate. The Claude developer circulated a securities filing on Monday outlining plans to sell approximately 867 million shares at between $70 and $80 apiece, Reuters reported. However, the AI giant quickly followed up with a second email stating that the pricing information was incorrect and that an updated filing would follow. Anthropic did not specify which figures were inaccurate and declined to comment. The original filing showed the company planned to sell around 843 million shares, with existing shareholders offering a further 23 million. It also outlined $26bn in investment commitments from technology giants including Google, Nvidia, Microsoft, AMD, Broadcom, Micron and TSMC, which would participate in a private placement alongside the IPO. The reversal comes as Anthropic