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Anthropic initiates its first employee stock buyback, valued at $61.5 billion.
On May 8, according to The information, Anthropic, a well-known large-scale model platform, launched its first employee stock repurchase program. The buyback program is open to current and former employees who have been with the company for at least two years and can sell up to 20% of the company’s equity holdings, capped at $2 million each, at a price of $56.09 per share. That’s the same price as the $3.5 billion funding round led by Lightspeed Venture in March, and the company’s valuation remains at $61.5 billion. It is reported that Anthropic’s share repurchase plan is expected to be completed by the end of this month. If all goes well, hundreds of millions of dollars will flow into current and former employees, further strengthening Anthropic’s competitiveness in the talent market.