AI
Anthropic IPO valuation talks slide to $1.2-1.3 trillion after AI rout
Prospective Anthropic investors are discussing a $1.2 trillion to $1.3 trillion valuation for the Claude maker's initial public offering, down from the $1.4 trillion to $1.5 trillion range they gave bankers in October, Bloomberg reported. The reset followed a 6.4 percent one-day fall in the Nasdaq 100 that erased $2.3 trillion in market value. Formal marketing is due to begin next week, and Anthropic has not set a price range or share count.