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Anthropic presses ahead with planned $80B-$100B IPO before Thanksgiving

Anthropic is continuing plans to list before Thanksgiving this month despite the tech stock rout, the Financial Times reported, citing sources. The Claude developer expects to raise $80B-$100B at a valuation of $1.25T to $1.75T. Those figures describe its planned offering.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Products

Fox closes $22 billion Roku acquisition

Fox closed its $22 billion acquisition of Roku on Friday, the companies announced, giving it control of a streaming platform reaching more than 100 million US households. Roku founder Anthony Wood now serves on Fox's board.

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Capital

Aave Labs acquires Avon team and lending technology

Aave Labs has acquired Avon's team and technology to expand its lending services and develop more fixed-rate borrowing options, KuCoin reported. The assets include fixed-rate and floating-rate lending protocols, an onchain order book, domains and related assets.