Anthropic IPO Valuation Talks Fall to $1.2T After AI Stock Selloff - CoinGape
By Google News AI ·
HIGHLIGHTS Anthropic investors are discussing valuations near $1.2 trillion following a sharp selloff in AI stocks. Ondo Finance says its platform will offer tokenized Anthropic share exposure on the IPO date. Polymarket traders assigned a 71% chance to Anthropic going public before the end of 2026. Anthropic IPO investors are discussing a valuation as low as $1.2 trillion following Thursday's sharp selloff in AI stocks. The figure is below the $1.5 trillion previously considered, while the company's November listing schedule faces growing pressure. Anthropic IPO investors push for lower valuation According to a Bloomberg report on Friday, prospective investors are discussing a valuation between $1.2 trillion and $1.3 trillion. Before the selloff, investors had discussed a range of $1.4 trillion to $1.5 trillion with bankers. Three prospective investors also told The Wall Street Journal that the original valuation would be difficult to support. One investor suggested a figure closer to $1 trillion, while another raised the possibility of a smaller offering. Anthropic had been considering raising up to $100 billion, but $80 billion has emerged as another possible amount. Anthropic filed for a Nasdaq listing two weeks ago, with plans to trade under ANT. Its November 2 amended filing still contained no final offering price or share count. Goldman Sachs and Morgan Stanley are leading the underwriting process. AI stock selloff raises questions over IPO pricing Thursday's market decline added pressure on the planned offering as investors reassessed valuations across the technology sector. The Nasdaq-100 fell 6.4%, erasing approximately $2.3 trillion in market value, while Nvidia shares lost 9.2%. Investors have also become concerned about the cost of building AI…
Originally published by Google News AI
