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Anthropic’s IPO Plans Face Mounting Wall Street Pressure

Anthropic’s IPO Plans Face Mounting Wall Street Pressure

Photo: Cointribune

Anthropic wants to maintain its IPO despite the fall of tech values, but its expected valuation has already dropped from about 2000 to 1500 billion dollars. This change not only reflects a less enthusiastic market: investors are beginning to compare Claude’s growth with the colossal cost of the infrastructure needed to support it. The initial schedule planned the investor roadshow launch during the week of November 9, then a listing before Thanksgiving. After the 3200 billion dollar drop suffered by Wall Street , some investors requested a more attractive valuation and considered a delay.

Source: Cointribune

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