Anthropic's valuation of $1.5T facing pushback from major investors - Yahoo Finance
By Google News AI ·
AInvest managing editor Adam Shapiro and Interactive Brokers chief strategist Steve Sosnick sit down with The 8:30 host Pras Subramanian to talk about the effect of the AI market sell-off on the looming Anthropic (ANTH.PVT) IPO and the major investors balking at its valuations.
talk about another uh potential IPO and that's Anthropic, right? So as this is all happening, the AI fueled sell off is happening. We have one of the most biggest names in the frontier sort of AI startup world looking to go public. It's been it's been obviously their their their their S1 is out. Uh looking at a potential week before Thanksgiving, um sort of public offering. But here we have the journal talking about how three major investors are are balking at that $1.5 trillion valuation saying, one of them saying that should be closer to $1 trillion. You know, talk about a haircut there. Now, the timing of it is just remarkable as to where we are right now and this is this big one of the biggest names in the space is looking to go public. what I mean, where do you go? Can the market even handle this? Can the market even handle this?
I'm going to take the wind out of you. I'll I'll answer that one because I interviewed I I interviewed Anna Rathbun and I'm a big fan of Anna. She's been on Yahoo Finance, she's on Bloomberg all the time. used to manage I think it was like 80 billion. Now she has her own firm Granadellia out of Cleveland, Ohio, one of my favorite cities.
Out of Cleveland. I love I love Cleveland. Go East side by the way. West side, we can get into the fight. Um and I asked her about Anthropic and I've pulled up some of her quotes from the interview we did with her on Anthropic. She said we don't really have that uh intention with Anthropic. Uh I don't want to call AI a bubble…
Originally published by Google News AI
