AI TRENDS | Anthropic IPO Faces Doubts Over $1.5 Trillion Valuation

According to Jin10, large investors increasingly doubt whether Anthropic can proceed with its IPO at the expected $1.5 trillion valuation, after unwinding AI-related investments triggered a sharp stock-market sell-off. Anthropic had planned to debut during the week of November 16, with the offering expected to raise up to $100 billion and value the company at about $1.5 trillion. Three large investors planning to participate in the IPO said the valuation might need to be lowered; one said it could be closer to $1 trillion. Another investor said it could be challenging to persuade institutional investors, recently hurt by the sell-off, to take significant risks in the AI sector again, even if the market rebounds, and questioned whether Anthropic would delay the offering. The company could instead raise less than expected. Anthropic executives and their advisers are expected to meet in the coming days to discuss the IPO plans. Some people said they had avoided making specific commitments throughout the process to preserve their options.