Anthropic IPO Roadshow Starts Next Week as Valuation Slides to $1.25 Trillion
Anthropic will start its IPO roadshow next week, and the Anthropic IPO is now a very different deal than the one investors were talking about a month ago. The Financial Times reported on November 6 that the company behind Claude is pressing ahead with a listing before Thanksgiving, aiming to raise $80 billion to $100 billion at a valuation of $1.25 trillion to $1.75 trillion. That range is a comedown. Just last month, the most optimistic investors were floating a $2 trillion valuation. After a sharp selloff in AI stocks this week, the number on the table has dropped by hundreds of billions, and some of the biggest buyers in the deal are saying even the new range is too high. ...