Three major investors planning to buy into Anthropic’s proposed IPO told The Wall Street Journal that its expected $1.5 trillion valuation would likely need to fall. One suggested a valuation closer to $1 trillion, while another raised the possibility of a delay. No cut or delay has been announced.
According to the Journal, Anthropic has filed to list on Nasdaq and has been aiming to raise up to $100 billion in the week before Thanksgiving. One investor said it might instead raise about $80 billion, but others wanted to see the company’s October results before assuming a cut. The doubts followed a sell-off in AI stocks; they do not establish that the offering’s terms will change.
