Anthropic’s expected IPO valuation has been cut by as much as 40%: Bloomberg reported on November 6 that some potential investors are only willing to value the company at $1.2 trillion to $1.3 trillion, down from the previous expectation of $2 trillion. The same scrutiny is also falling on OpenAI. It initially sought to raise at least $30 billion at a $1.4 trillion valuation, but its first closing was just $11 billion at a $1.25 trillion valuation, with the round capped at around $20 billion.
Public markets fell first, and private valuations are adjusting in their wake. The sequence is worth noting: AI companies’ prices in the primary market are anchored by comparable companies in the secondary market—not set unilaterally by the companies themselves.
Next, watch whether the remaining allocation in this $20 billion round can be closed at a $1.25 trillion valuation within a few weeks. If it closes, that would show there are still buyers at this price after the markdown.
#Anthropic #AI估值 #Tech Stock Selloff
Public markets fell first, and private valuations are adjusting in their wake. The sequence is worth noting: AI companies’ prices in the primary market are anchored by comparable companies in the secondary market—not set unilaterally by the companies themselves.
Next, watch whether the remaining allocation in this $20 billion round can be closed at a $1.25 trillion valuation within a few weeks. If it closes, that would show there are still buyers at this price after the markdown.
#Anthropic #AI估值 #Tech Stock Selloff