Investors increasingly doubt Anthropic's IPO can proceed at its expected valuation of about $1.5tn after the AI stock sell-off, with three major investors saying it may need to be cut, one suggesting closer to $1tn. Anthropic executives and advisers are expected to meet in the coming days to discuss the listing.
Investors doubt Anthropic IPO can reach $1.5tn valuation, sources say
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The story so far: Anthropic IPO filing
Anthropic filed for a Nasdaq IPO under ticker ANT, aiming to list as soon as mid-November at a valuation of about $1.5tn, with Q3 revenue up nearly 50% to about $17bn. Its updated prospectus adds Q3 financials and discloses commitments to spend up to $895bn on data centres through 2045.
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Investors doubt Anthropic IPO can reach $1.5tn valuation, sources say
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