Anthropic sets price range for stocks

(CNN)– Artificial intelligence company Anthropic is preparing for what could be the biggest IPO in history.

Tuesday, November 10, the maker of the Claude Ai assistant set its share price range at $70 to $78.

At the high end, the company could be valued at $1.4 trillion.

Anthropic could begin trading as early as next week under the ticker symbol “ANT”.

The public debut comes amid growing concerns about the Ai industry.

Despite soaring sales, Anthropic has reported just one quarter of operating profit.