Technology & AI

Anthropic keeps IPO plans as AI sell-off cuts its valuation

Anthropic is still preparing its initial public offering, according to people familiar with its thinking, even as investors push back on the valuation it expects amid an AI stock sell-off. Concerns over valuation and data center delays are growing.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

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What happened

Anthropic, the maker of the Claude AI models, is preparing an initial public offering while an AI-related stock sell-off has led investors to push back on its expected valuation. People familiar with the company's thinking say it has no plans to postpone the offering.

Why it matters

Investor anxiety over valuation and data center delays is growing.

Timeline

  1. Oct 26: Anthropic files its S-1 for the IPO, with a Nasdaq ticker of ANT.
  2. Nov 7: The Financial Times reports that Anthropic plans to complete the IPO before Thanksgiving despite the tech stock sell-off.
  3. Nov 9, 1:19 AM ET: People familiar with the company's thinking tell the Financial Times that Anthropic has no plans to postpone its IPO despite AI market volatility.

Coverage

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