ANTHROPIC’S IPO VALUATION EXPECTATIONS DROP FROM $2 TRILLION TO $1.5 TRILLION

Some investors are considering a $1.5 trillion valuation for Anthropic’s upcoming IPO, down 25% from earlier expectations of $2 trillion.

Anthropic reported $16.8 billion in Q3 revenue, up 45% quarter-over-quarter, but growth slowed sharply after revenue more than doubled in Q2.

The company also reported adjusted profitability for the quarter.

The key concern: Slowing revenue growth and rising AI infrastructure costs could weigh on one of the most anticipated IPOs.

Source: Reuters Exclusive
(@WalterBloomberg)