Anthropic IPO timing wobbles as investors push for lower valuation
Why it matters: A delay would deepen doubts about AI valuations after this week's tech selloff and political blowback over data centers.
Anthropic’s planned IPO roadshow next week is facing investor resistance, raising questions about whether the AI startup can still list in November. Potential investors are pressing for a cheaper entry price, with some viewing the recently discussed $1.5 trillion valuation as too rich after the sharpest tech-stock selloff in a year and broader geopolitical uncertainty. Investors are also waiting for Anthropic’s October revenue figure, which was left blank in an updated S-1 filing, for signs growth has improved after a recent slowdown. Any delay could ripple beyond one deal, adding to concern about the health of the AI sector and pressuring a stock market already heavily exposed to large technology companies.