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Anthropic  is seeking a valuation of about $1.4 trillion in its initial public offering, a bid to make history as the first frontier artificial intelligence lab to go public. The Claude chatbot maker and its co-founders are looking to raise as much as $90.4 billion in the IPO and a private placement. The base offering would raise up to $64.4 billion, with shares marketed for $70 to $78 each, according to a filing on Tuesday with the US Securities and Exchange Commission. Anthropic is offering 801.4 million shares, while backers are selling 23.6 million shares.

On today’s episode:

• Anthony Hughes, Bloomberg News Equity Capital Market Reporter
• Matthew Luzzetti, Chief US Economist, Deutsche Bank
• Dave Lee, Bloomberg Opinion Columnist
• Melissa Smith, President & CEO, Wex