Investors brace for lower Anthropic valuation as AI trade sours

· Economy · United States

Investors are bracing for Anthropic to list below a $1.5 trillion valuation, trailing previous expectations, as the AI trade sours on Wall Street following the Democratic midterm sweep. Traders on prediction market Kalshi cut the odds of an Anthropic IPO announcement before December. The reassessment comes after a global selloff in AI stocks, with doubts growing over the returns on massive data-centre investments and the regulatory outlook after the US election.

Why it matters：Anthropic's valuation is a barometer for the entire AI investment cycle, and a lower listing would signal cooler appetite for the sector.

Key points

  • Anthropic may list below a $1.5 trillion valuation.
  • Kalshi traders cut odds of a pre-December IPO announcement.
  • The reassessment follows a global AI stock selloff.

Sources (original reporting)

More stories from this day