Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

Anthropic plans Australian share offer in IPO, CommSec says

By Reuters News

Nov 3 (Reuters) - AI giant Anthropic, which filed for a US IPO last week, is expected to include an Australian retail share offer in its prospectus to be filed with the country's corporate regulator, the Commonwealth Bank of Australia's broking unit said on Tuesday.

Here are some details:

  • Commonwealth Securities (CommSec) said it will act as lead Australian retail broker for Anthropic's Australian retail offer, if the IPO proceeds

  • Anthropic will not be applying for listing on the Australian Securities Exchange, CommSec added

  • The Claude maker, which is expected to go public before Thanksgiving, will trade on the Nasdaq under the ticker symbol "ANT" after the IPO closes

  • Anthropic's listing comes as investors evaluate whether AI-driven capital expenditure will deliver returns to justify sky-high valuations

  • Some current and prospective investors are weighing a $1.5 trillion valuation, down from roughly $2 trillion, after the startup disclosed financial details at a recent investor event, Reuters has reported

  • The company expects to incur nearly half ​of the $895.4 billion in spending commitments related ​to AI infrastructure buildouts before December ⁠31, 2030, adding to investors' concerns ahead of the IPO

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
 

Cryptocurrency-related content is intended solely as news and market commentary. Crypto Derivatives are not available to Retail clients registered with Capital Com (UK) Ltd.