2026-11-07 10:24 UTC
Anthropic's IPO Is Cratering
Anthropic, which officially filed to go public at a rumored valuation of up to $2 trillion dollars just a week before the elections.
As Bloomberg reports, those prospects are in free fall as the chaos takes hold. Some investors are now weighing bids that would value Anthropic as low as $1.1 trillion. While that’s still a huge valuation for a company that lost over $80 billion in the first half of 2026 alone, it’s a massive drop compared to the previously unbridled enthusiasm surrounding the firm’s IPO.
Replies (2)
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@kreskin@lemmy.world 2026-11-08 03:58
I hope this lack of confidence in AI spreads to openAI too.
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@Zulu@lemmy.world 2026-11-07 10:52
$3.50, final offer. You could bribe me with a good sandwich though too i suppose.