Anthropic’s $1.5 trillion IPO in doubt as AI sell-off spooks investors
Anthropic’s blockbuster $1.5 trillion (£1.1 trillion) stock market listing could be delayed or forced into a dramatic valuation cut after a brutal Wall Street sell-off left investors questioning the price tag on one of the world’s most valuable AI firms. The ChatGPT rival is facing growing pressure to lower its valuation as a rout in [...]
Anthropic's anticipated $1.5 trillion IPO is facing uncertainty as a Wall Street sell-off spooks investors. The ChatGPT rival is under pressure to reduce its valuation in light of tech stocks' decline, which wiped $2.5 trillion from US tech stocks. Three major investors considering joining the IPO believe the proposed valuation must come down, with one speculating a figure closer to $1 trillion.
Analysts say the valuation seems too high, but market reaction and potential regulation could influence the outcome. Anthropic was valued at $965 billion in May, with expectations that its IPO could push that figure to $1.5 trillion. However, the company's revenue slowed between the second and third quarters of 2026, and it reported commitments of over $800 billion for computing and infrastructure over the next two decades.
The political climate following the US midterm elections has also added to investors' concerns about AI data center development, particularly in Texas, where opposition has emerged across party lines.
Written by urgent.news from City AM's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
