Anthropic: Some investors expect lower IPO valuation, according to insiders
In the IPO of Claude developer, 1.5 instead of two trillion dollars are now at stake, according to the Reuters news agency. Investors are worried about high AI costs and slower revenue growth.
Anthropic, a developer of artificial intelligence, is expected to be valued at around $1.5 trillion ahead of a planned initial public offering in November. The company's revenue grew 45% to $16.8 billion in the third quarter, and it reached profitability on an adjusted basis. However, some investors were disappointed by the slowdown in growth, having previously seen a more significant increase. The company's performance may impact the broader AI market, which is closely watching the IPO.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Anthropic: Investors Expect Lower IPO Valuation, Insiders Say handelsblatt.com
