AI summary
Summary of article:
Anthropic was originally scheduled to go public in November, but as AI stocks weakened, both its valuation and fundraising scale faced downward pressure, and the market began to question whether it could go public as scheduled.
AI stocks fall,anthropic Listings that were expected to create records are also facing challenges. Reuters andwall Street The daily reported that potential investors were seeking to nail down the US$1.5 trillion valuation, and some were doubtful whether Anthropic could go public in November as scheduled.
Anthropic originally expected to hold a pre-launch briefing session the week of November 9 and set the product’s price the following week. Three big investors planning to participate in the subscription said the valuation may need to be lowered, with one of them thinking it could be closer to US$1 trillion.
The scale of fundraising may also shrink. An investor who plans to participate in the subscription said the original maximum issuance amount of US$100 billion may be reduced to about US$80 billion. Another said that even if the stock market bounces back, it will be difficult to convince institutions that have just been hurt by the decline to bet on AI again.
Anthropic is facing quarterly losses and has committed to investing heavily in building out AI infrastructure, so it may have to offer a big valuation discount. Investors are awaiting October revenue data to determine whether the recent slowdown in growth has improved; This figure is not included in the updated catalog document.
Anthropic executives and advisors are expected to discuss listing plans in the near future. its competitorsOpenAI The latest round was originally planned to raise US$30 billion, but only US$11 billion has been raised so far, at a valuation of US$1.25 trillion, well below the original target.
Anthropic declined to comment on investor concerns.
The Wall Street Journal also reported that Canadian AI company Foghere has doubled its revenue every year for the past three years, but its listing date has not yet been determined. The latest fundraising targets around US$5 billion, with backing from Nvidia (also known as NVIDIA) and the Canadian government, at a valuation of around US$25 billion. Chief Executive Aidan Gomez said the timing of the listing would be determined based on the market and the company’s readiness.
Summary FAQ
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Anthropic originally expected to hold a pre-listing briefing in the week of November 9 and set prices the following week, but some investors doubted whether it could be listed as scheduled, mainly due to the sharp decline of AI stocks and weak market sentiment.
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Potential investors believe the US$1.5 trillion valuation may also need to be reduced to closer to US$1 trillion; The original maximum issuance amount of US$100 billion may also be reduced to about US$80 billion.
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OpenAI’s latest round originally planned to raise US$30 billion, but has now raised only US$11 billion, with a valuation of US$1.25 trillion. Although Foghere’s revenue has increased, its listing schedule has not yet been determined, and it is valued at about US$25 billion.
