Anthropic’s $2 trillion IPO is too extreme to be sustainable

Investor anxiety and AI doomsayers bode ill for the company’s whopping valuation AI giant Anthropic has repeatedly delayed its IPO since the company first filed with the US Securities Exchange Commission in July. The timing remains uncertain, but the latest plan is to launch a $100 billion offering just before the US Thanksgiving holidays, when Wall Street dealmaking slows dramatically until the New Year. Capital market metrics suggest the IPO’s timing is as flawed as its $2 trillion valuation is extreme.

Also reported by Arabian Gulf Business Insight | AGBI.

First reported by Arabian Gulf Business Insight. This page is a short excerpt; the full text is theirs.