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Anthropic has set an IPO price range of $70 to $78 per share, implying a fully diluted valuation of about $1.404 trillion if shares list at the top of the range. The New York Times put the valuation as high as $1.4 trillion, and the Wall Street Journal reported the company aims to begin trading on Thursday or Friday of next week. TechCrunch reported that all seven co-founders plan to sell exactly the same number of shares, which would bring each about $250 million at the midpoint of the range while leaving the group in control of the company. Reuters noted the offering was previously expected to be smaller, and the range can still change before trading begins.