NEW YORK, Nov 11 — Anthropic plans to raise up to US$64 billion (RM260.8 billion) in its upcoming initial public offering, the artificial intelligence giant said in a filing yesterday, in a listing that could value the company at up to US$1.4 trillion.

The stock market debut will be the first by one of the leading AI model developers and is being seen as a gauge of how long the AI spending boom lifting the US economy can last.

The maker of the Claude AI models said in a filing with the US Securities and Exchange Commission that it aims to sell 825 million shares at between US$70 and US$78 each. The shares will trade under the ticker “ANT.”

Seven tech companies including Google, Nvidia, AMD and Microsoft have also agreed to buy US$26 billion of non-voting shares at the IPO price in a separate private placement, the filing showed.