Investors Skeptical of Anthropic's $1.5 Trillion IPO Plans
Prediction market odds for Anthropic's IPO occurring this month fell from above 90% to 60% as traders reacted to the Democratic sweep in midterm elections. Major investors are pushing Anthropic to lower its proposed $1.5 trillion valuation toward $1 trillion following a tech stock selloff that erased $2.5 trillion in Nasdaq value.