Anthropic IPO Valuation Expectations Drop from $2 Trillion to $1.5 Trillion
Some investors are considering pricing AI company Anthropic's upcoming IPO at $1.5 trillion, down 25% from earlier expectations of $2 trillion. Anthropic reported third-quarter revenue of $16.8 billion,…
Some investors are considering pricing AI company Anthropic's upcoming IPO at $1.5 trillion, down 25% from earlier expectations of $2 trillion. Anthropic reported third-quarter revenue of $16.8 billion, up 45% quarter-over-quarter, but growth slowed sharply after revenue more than doubled in the second quarter. The company also reported adjusted profitability for the quarter.
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