AI backlash could threaten Anthropic IPO timing, potential investors say: Reuters exclusive
BNN Bloomberg · Reuters Staff ·
Potential investors in Anthropic’s highly anticipated IPO are raising doubts about whether the artificial intelligence startup can proceed with its planned roadshow next week in time for a November listing, four people familiar with investor discussions said.
NEW YORK/SAN FRANCISCO -- Potential investors in Anthropic’s highly anticipated IPO are raising doubts about whether the artificial intelligence startup can proceed with its planned roadshow next week in time for a November listing, four people familiar with investor discussions said.
Investors are pushing for a more attractive valuation to commit to the offering, with some viewing the recently discussed US$1.5 trillion valuation as being at the high end of expectations, the people told Reuters.
The discussions reflect in part the impact of the sharpest technology stocks selloff in a year and geopolitical uncertainty clouding the outlook for new offerings.
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