SEVEN TECH GIANTS ARE FINANCING THE BIGGEST IPO OF THE YEAR

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Anthropic is not messing around. Even as the tech market bleeds, the creator of Claude is moving ahead with its Nasdaq debut under the ticker ANT next week.

The stakes are high. The market suffered a $2.5 trillion drop on the Nasdaq amid political uncertainty, but Anthropic has secured heavyweight backing. Names like Google, Nvidia, AMD, Microsoft, and TSMC will inject $26 billion in a private placement.

The sticking point now is the price. Goldman Sachs and Morgan Stanley are mediating the dispute. The company wanted a valuation of up to $2 trillion, but investors, sensing blood in the tech market, are demanding a substantial discount.

The company corrected earlier rumors about the share price, and a new official filing will be submitted to the SEC.

For the crypto market, this IPO is a barometer of risk appetite across the entire AI infrastructure sector. Stay tuned for official updates.

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