AIThe Decoder1h ago

Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff

Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuation

Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff

Despite the tech selloff, Anthropic is pressing ahead with its IPO at a valuation of $1.25 to $1.75 trillion, well below the hoped-for $2 trillion. The Claude developer aims to raise $80 to $100 billion before Thanksgiving. Rival OpenAI has also recently had to cut its…

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Source: The Decoder · Opens in new tab