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Anthropic IPO Valuation Expectations Cut to $1.5–1.6 Trillion Amid Tech Selloff

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According to IT Home, The Wall Street Journal reports that institutional investors planning to join Anthropic's IPO now tell the company and its advisers to expect a valuation of $1.5–1.6 trillion, down from roughly $2 trillion discussed earlier, after a tech selloff. Anthropic has not finalized its valuation target or share sale size; its roadshow could start as soon as next week. The filing showed quarterly revenue of $17 billion through September 30.

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