AI industryinfo
Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuation
AI summary · x-ai/grok-4.7Summaries by Vani AI
Claude developer wants to raise $80–100 billion at $1.25–1.75 trillion valuation before Thanksgiving.
Anthropic is pressing ahead with its IPO plans despite the tech selloff, accepting a lower valuation. The company targets raising $80-100 billion at a $1.25-1.75 trillion valuation. Annualized revenue now sits at about $81 billion, up from $65 billion at end of July.
Key facts
- Annualized revenue now $81 billion.
- Target valuation $1.25-1.75 trillion.
- IPO before Thanksgiving.
- OpenAI also reduced funding target.
From the original article
1 min read at the-decoder.com
Despite the tech selloff, Anthropic is pressing ahead with its IPO at a valuation of $1. 25 to $1. 75 trillion, well below the hoped-for $2 trillion.
By Matthias Bastian · the-decoder.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.