Anthropic IPO Valuation Talks Drop Toward $1.2T After Selloff

Anthropic IPO investors are weighing a valuation as low as $1.2 trillion after a steep selloff in artificial intelligence stocks. The new discussions place the company below earlier estimates, while its planned November stock market debut faces uncertainty. Bloomberg reported on November 6 that prospective buyers were discussing a range of $1.2 trillion to $1.3 trillion. Previously, investors had considered $1.4 trillion to $1.5 trillion. The Anthropic IPO has no agreed valuation or final offering price. According to a report , certain prospective investors have asked for a bigger discount before investing.

Source: TronWeekly