Anthropic IPO Valuation Could Fall to $1 Trillion After AI Stock Rout: Report
Investors told The Wall Street Journal that the $1.5 trillion target now looks too high, as prediction markets bet on a December listing.
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Initial public offering
The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.
An IPO raises money for the company and lets early owners and investors sell part of their stake.
More about Initial public offeringArtificial intelligence
Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.
AI is changing work, media and public services, raising questions about jobs, safety and regulation.
More about Artificial intelligenceMore in AI
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