The record-setting raise should translate into a never-before-witnessed take for Wall Street. In the IPO world, those dollars come in two forms. The first: the underwriting fees—or what’s known as the “gross spread”—that the banks receive for pre-selling shares to institutional investors before they start trading, and hence offered to the general public. Jay Ritter of the University of Florida, the leading academic expert on IPOs, reckons that on a deal this immense, the charge would be around 2%. At 2%, the fees for placing the newly-issued $50 billion in stock comes to $1 billion.
President Trump called Anthropic a "radical left, woke company" in a post on Truth Social and ordered the federal government to cease using Anthropic's technology over the following six months.
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