Three major investors participating in Anthropic’s initial public offering told The Wall Street Journal that the expected $1.5 trillion valuation will likely need to be reduced. One investor suggested a valuation closer to $1 trillion, while the company could raise around $80 billion instead of the planned $100 billion. Anthropic executives and advisers are expected to discuss the plans as the risk of postponing the offering grows following the sharp sell-off in technology and artificial intelligence stocks. Polymarket traders now assign a 71% probability to an IPO before the end of the year, compared with 43% for a listing before November 20.
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