The Big OneDeals
Anthropic aims to go public before Thanksgiving at a lower valuation
Anthropic is pressing ahead with its IPO despite a tech selloff. According to investors cited by the Financial Times, it wants to go public before Thanksgiving and raise $80–100 billion at a $1.25–1.75 trillion valuation. The Decoder says that falls short of the $2 trillion the most optimistic investors had hoped for.
NotePressing ahead at a lower valuation is a useful read on how public investors price a frontier lab.
Read the original
The Morning Note, by email
The AI-in-finance stories that matter, before work
One short email each morning, readable in under three minutes. Free, and you can leave anytime.