Anthropic is preparing to go public on Nasdaq under the ticker ANT, with its proposed valuation cut from $2 trillion to a range of $1.5 trillion to $1.6 trillion. The revision comes amid slowing revenue growth and weakness in the technology stock market. Prediction markets now assign a 24.1% probability that the company’s market capitalization will be between $1.5 trillion and $1.75 trillion at the close, up from 18% a week earlier. The probability of a valuation below $1.25 trillion has also risen to 16.2%, reflecting growing skepticism over the IPO valuation and insider share sales. Underwriter guidance, revenue figures, regulatory developments and broader technology market conditions are expected to influence investor expectations.
Source: Read the original article
