Is the AI valuation myth starting to cool? Anthropic IPO investors push down its valuation, cutting the target from $2 trillion to $1.5 trillion!
The AI star company once courted by the market now has to face investors’ scrutiny of its valuation.
Reports say Anthropic’s IPO valuation had been discussed at around $2 trillion, but some existing and prospective investors consider that price too high and want to bring the valuation down to $1.5 trillion–$1.6 trillion, a drop of about 25%.
Why have investors suddenly become more cautious?
📌 Revenue growth isn’t as fast as before: Third-quarter revenue was about $17 billion, up around 45% quarter over quarter. That’s an impressive scale, but growth has slowed compared with its previous rapid pace.
📌 AI is still burning through cash at an astonishing rate: The company disclosed commitments of about $895.4 billion in computing power and infrastructure spending, prompting investors to take a closer look at future costs.
📌 The market is no longer buying just the story: The outlook for AI remains promising, but investors are increasingly focused on whether revenue can cover the massive investment—and when that investment can actually translate into profits.
This also offers a point of reference for the broader tech and crypto markets.
For a while, the market was willing to assign sky-high valuations to anything linked to AI. But now even a star company like Anthropic is facing valuation pressure, suggesting that capital markets are shifting from chasing the AI narrative to scrutinizing actual revenue, costs, and profitability.
The long-term AI trend may not have changed, but investors’ willingness to pay for the AI story is changing.
Do you think Anthropic will ultimately go public at around a $1.5 trillion valuation, or is the market underestimating AI’s future growth potential?
#Anthropic #anthropicipo遭投资者压价，估值盼降至1.5万亿美元
The AI star company once courted by the market now has to face investors’ scrutiny of its valuation.
Reports say Anthropic’s IPO valuation had been discussed at around $2 trillion, but some existing and prospective investors consider that price too high and want to bring the valuation down to $1.5 trillion–$1.6 trillion, a drop of about 25%.
Why have investors suddenly become more cautious?
📌 Revenue growth isn’t as fast as before: Third-quarter revenue was about $17 billion, up around 45% quarter over quarter. That’s an impressive scale, but growth has slowed compared with its previous rapid pace.
📌 AI is still burning through cash at an astonishing rate: The company disclosed commitments of about $895.4 billion in computing power and infrastructure spending, prompting investors to take a closer look at future costs.
📌 The market is no longer buying just the story: The outlook for AI remains promising, but investors are increasingly focused on whether revenue can cover the massive investment—and when that investment can actually translate into profits.
This also offers a point of reference for the broader tech and crypto markets.
For a while, the market was willing to assign sky-high valuations to anything linked to AI. But now even a star company like Anthropic is facing valuation pressure, suggesting that capital markets are shifting from chasing the AI narrative to scrutinizing actual revenue, costs, and profitability.
The long-term AI trend may not have changed, but investors’ willingness to pay for the AI story is changing.
Do you think Anthropic will ultimately go public at around a $1.5 trillion valuation, or is the market underestimating AI’s future growth potential?
#Anthropic #anthropicipo遭投资者压价，估值盼降至1.5万亿美元