#AnthropicRejectsIPODelayValuationinQuestion
Anthropic is moving ahead with plans for its initial public offering (IPO) despite pressure to delay it, although it has adjusted its valuation expectations in light of the recent tech sell-off.
The expected valuation has fallen from an initial target of up to $2 trillion in the summer, through a $1.5 trillion target, to a projected range of $1.3 trillion to $1.4 trillion (with a proposed price per share of between $70 and $78).
The company quickly dismissed a leaked draft email that mentioned a range of $70–$80 (implying a lower valuation), calling it "inaccurate," while the official SEC filing (Form S-1) still lists the price range as pending.
Institutional investors are questioning the valuation because of the enormous costs of AI infrastructure and data center commitments exceeding $900 billion over the decade, coupled with recent volatility on the Nasdaq.
$ANTHROPIC
$BTC
$PENGB
Anthropic is moving ahead with plans for its initial public offering (IPO) despite pressure to delay it, although it has adjusted its valuation expectations in light of the recent tech sell-off.
The expected valuation has fallen from an initial target of up to $2 trillion in the summer, through a $1.5 trillion target, to a projected range of $1.3 trillion to $1.4 trillion (with a proposed price per share of between $70 and $78).
The company quickly dismissed a leaked draft email that mentioned a range of $70–$80 (implying a lower valuation), calling it "inaccurate," while the official SEC filing (Form S-1) still lists the price range as pending.
Institutional investors are questioning the valuation because of the enormous costs of AI infrastructure and data center commitments exceeding $900 billion over the decade, coupled with recent volatility on the Nasdaq.
$ANTHROPIC
$BTC
$PENGB
