Anthropic reportedly plans to move forward with IPO plans
Anthropic reportedly aims to begin trading next week, with some investors pushing for a valuation below $1.5 trillion.
The company plans to set a valuation range this week and start trading Thursday or Friday of next week, according to The Wall Street Journal, as cited by TechCrunch. The $1.5 trillion target discussed last week was already down from $2 trillion floated a few months ago. The listing plans are proceeding shortly after one of Nasdaq’s biggest selloffs. Investors will watch the valuation as a measure of confidence in the AI boom.
TechCrunch AI's note
The company plans to set a valuation range this week and start trading Thursday or Friday of next week, according to The Wall Street Journal, as cited by TechCrunch. The $1.5 trillion target discussed last week was already down from $2 trillion floated a few months ago. The listing plans are proceeding shortly after one of Nasdaq’s biggest selloffs. Investors will watch the valuation as a measure of confidence in the AI boom.
TechCrunch AI's note
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