Economy / Markets
AI companies have already priced $300 billion of equity this year
AI companies sold or priced more than $300 billion of stock and mandatory convertibles in 2026, excluding Anthropic's coming IPO, with roughly $100 billion more in the pipeline, The Information reported. The tally follows a week in which AI shares swung violently and talk of Anthropic's valuation slid from about $2 trillion toward $1.1-1.3 trillion. The question the market now faces is how much additional paper it can absorb at current prices, and at what discount the next tranche clears.