Google, Micron, NVIDIA and four other companies will invest $26 billion in Anthropic at the IPO price.

On November 10 that according to CNBC, seven companies including Google, Nvidia, AMD, Broadcom, Micron, Microsoft, and TSMC will invest $26 billion via private placement at the IPO price, and cornerstone investors will sell 23,333,331 shares in the IPO.

In earlier reports, Anthropic plans to raise up to $69.3 billion through its IPO, with a proposed offering price range of $70 to $80 per share. Anthropic intends to issue 866,666,664 Class A shares in the IPO.