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Anthropic = Company that made Claude AI

It wants to sell its shares to public. That is called IPO

What Happened?

1. First Plan
Company said "We are worth $2 Trillion"

2. Market Said
"No, too costly. Your price is too high."

3. Now New Plan
Company said "Okay, we are worth *$1.4 Trillion*"

Price is now *$70 to $78* for 1 share.

Will IPO Stop?

No.IPO will still happen.
Trading will start on 19 Nov

Why People Are Confused?

Yesterday company sent a wrong paper to banks, then took it back. People thought IPO is cancelled. But it was just a *mistake in paper*.

In One Line:
Anthropic is still coming to stock market, just at a lower price than before.
$DJTB
$NVDAB
#AnthropicRejectsIPODelayValuationinQuestion