BENGALURU: Krishna Rao, Indian-origin chief financial officer of Anthropic, holds 9.4 million shares in the AI company. At the midpoint of its proposed IPO price range of $70-$78 per share, the holding carries a gross notional value of about $703 million (approximately Rs 6,300 crore).According to Anthropic’s updated IPO prospectus filed with US Securities and Exchange Commission, Rao holds 94,97,900 shares. He is not among the shareholders selling shares in the IPO, and his shareholding will remain unchanged after the offering. The $703 million valuation is indicative and does not represent the amount he would realise from a sale, as the holding includes equity-linked awards and stock options.Rao joined Anthropic as CFO in April 2024. Before joining Anthropic, Rao was CFO of Fanatics Commerce, an online sports merchandise and retail platform, from May 2023 to April 2024.