Anthropic’s initial public offering is a crucial test of investor confidence in the artificial intelligence trade, according to Jim Cramer. Massive spending on chips and data centers can only be justified if a small number of AI developers, including Anthropic, generate sufficient revenue. A weak offering or the company’s failure to convince investors could therefore weigh on SpaceX, Nvidia, Alphabet, Amazon and other computing-capacity providers. Anthropic’s potential valuation has reportedly fallen from $2 trillion to $1 trillion following a technology sell-off linked to concerns about the pace of new data-center construction.
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