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Anthropic IPO Faces $500 Billion Valuation Hit After Tech Stocks Plunge

PYMNTS
Image: PYMNTS

The valuation or the timing of Anthropic’s planned initial public offering could be impacted by Thursday’s (Nov. 5) selloff of tech stocks, according to multiple media reports. The Wall Street Journal reported Thursday that three major investors who plan to participate in the IPO said Anthropic is unlikely to achieve the expected valuation of $1.5 […]

The post Anthropic IPO Faces $500 Billion Valuation Hit After Tech Stocks Plunge appeared first on PYMNTS.com .

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