Anthropic's $2.5 Trillion IPO Dream Could Be Heading for a $1 Trillion Reality Check

Institutional investors reportedly believe that Anthropic's anticipated $1.5 trillion valuation for its initial public offering (IPO) may need to be reduced to approximately $1 trillion, potentially shrinking the capital raise from $100 billion to $80 billion. This re-evaluation follows a recent tech sector selloff, which saw NASDAQ companies lose an estimated $2.5 trillion in market value. NVIDIA, a key supplier of AI chips, experienced an 8.8% decline in its share price during the week ending November 6. Investor concerns are also influenced by Anthropic's substantial future computing and infrastructure commitments, which total around $895.4 billion, with $69.8 billion due within the next 12 months.