Prospective Anthropic investors are now weighing a valuation of $1.2 trillion to $1.3 trillion for its IPO, with some considering as low as $1.1 trillion, Bloomberg reported. The rethink follows a 6.4% plunge in the Nasdaq 100 that erased $2.3 trillion in market value. Formal IPO marketing is due to begin next week.
Anthropic IPO valuation slips to $1.1 trillion after selloff
Source: Moneycontrol