Sources: major investors are increasingly skeptical Anthropic's IPO can achieve a $1.5T valuation after a market selloff; one says it could be closer to $1T (Wall Street Journal)
The AI giant could need to set a significantly lower-than-expected valuation, investors say — Major investors are increasingly …
Major investors are expressing increasing skepticism regarding Anthropic's potential $1.5 trillion valuation following a recent market selloff. According to the Wall Street Journal, one investor suggested the valuation could be closer to $1 trillion. Investing.com reports that some investors view the $1.5 trillion figure as being at the high end of expectations, and the company may need to offer a larger discount to secure commitments.
Potential investors have raised doubts about whether the artificial intelligence startup can proceed with its planned roadshow next week in time for a November listing, according to Investing.com and CNA - Business. These discussions are attributed to geopolitical uncertainty and the sharpest technology selloff in a year. Investors are reportedly mindful of Anthropic's need to raise capital due to its record of quarterly losses and significant commitments to partners in the AI buildout.
Brief written by urgent.news from Techmeme, Investing.com, CNA - Business — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
