"Anthropic Plans to Complete IPO Before November 26"
By Google News AI ·
▲ Anthropic AI Anthropic plans to complete its initial public offering (IPO) before the U.S. Thanksgiving holiday (November 26) despite the recent tech stock sell-off, the Financial Times (FT) reported on November 7 (local time), citing sources. Sources expect Anthropic to raise between $80 billion and $100 billion at a valuation of $1.25 trillion to $1.75 trillion (approx. 1,700 trillion to 2,380 trillion KRW).
This falls well short of the previously discussed valuation of "approaching $2 trillion." A major investor in Anthropic said, "We expect it to be priced very conservatively, starting around $1.5 trillion, and then build up its value later." Another institutional investor projected a level of around $1.3 trillion.
Market research firm Vital Knowledge pointed out, "As the sell-off in AI-related stocks continues, Anthropic's IPO is becoming increasingly difficult." "This means securing funds for facility investment will become harder, which could lead to a vicious cycle that triggers further selling," it noted.
According to investors, CEO Dario Amodei has shown a firm resolve to push ahead with the IPO even if the valuation is lowered. An early investor said, "This is just one milestone in the overall process," adding, "Like any other fundraising case, the IPO should be viewed as a means." ※ Please note: This article was translated by AI and may contain errors.
Originally published by Google News AI
