INVESTORS TEMPER EXPECTATIONS FOR ANTHROPIC IPO - THE BUSINESS TIMES

What happened: Some Anthropic investors and prospective IPO investors are weighing a lower valuation after the company's latest financial disclosures, sources said. A cooler reception could weigh on the wider AI market. Key numbers: Investors discussed a valuation of around US$1.5 trillion, down from roughly US$2 trillion previously expected for Why it matters: Some investors were disappointed by the slowing sequential growth rate. A disappointing share sale could add to investor worries about the AI buildout, whose near-term prospects investors see as hinging largely on the IPO's success.

Some Anthropic investors and prospective IPO investors are weighing a lower valuation after the company's latest financial disclosures, sources said. A cooler reception could weigh on the wider AI market.

Some investors were disappointed by the slowing sequential growth rate. A disappointing share sale could add to investor worries about the AI buildout, whose near-term prospects investors see as hinging largely on the IPO's success.