Anthropic IPO Valuation Could Be Slashed in Half to $1T After AI Stock Rout: Report
Summary
Market turbulence surrounding artificial intelligence stocks may significantly reduce Anthropic's upcoming public offering valuation. Investors indicate that the initial target appears overly ambitious given current conditions. Meanwhile, prediction markets currently anticipate the company's market debut will occur in December.
Investors told The Wall Street Journal that the $1.5 trillion target now looks too high, as prediction markets bet on a December listing.
Source: Read the full story at Decrypt
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