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Anthropic reportedly targets trading debut next week

Anthropic reportedly targets trading debut next week Image: Primary
Anthropic plans to set an IPO valuation range this week and begin trading on Thursday or Friday of next week, TechCrunch reported, citing The Wall Street Journal. Some institutional investors are pushing for a valuation below the $1.5 trillion target discussed last week. That target was already below the $2 trillion floated a few months ago. The reported timetable would move the listing forward while investors press for a lower valuation.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.
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Capital
Capital

Altimeter targets $2.5 billion fund for late-stage companies

Altimeter Capital Management is targeting a $2.5 billion venture capital fund for late-stage, pre-IPO companies, Bloomberg reported, citing securities filings and a person familiar with the matter.

Infrastructure
Infrastructure

Banks and private lenders pull back from new AI data center financing

Commercial banks and private credit lenders have begun pulling back from financing new AI data centers, Business Day reported. Credit committees are stalling deals even for facilities backed by Alphabet and Anthropic as secondary debt markets reprice risk.