[DEVELOPING] Reuters: some Anthropic investors discuss about $1.5T IPO valuation versus roughly $2T previously expected
Reuters (syndicated by The Star) reports that four people familiar with the matter say some current and prospective investors are weighing a lower valuation for Anthropic's planned November IPO. Some attendees at Wednesday's investor day discussed about $1.5T. Anthropic reportedly told investors Q3 revenue grew 45% from the prior quarter to $16.8B and that it reached adjusted profitability. The slowdown from Q2's more-than-doubling disappointed some attendees. Reuters says The Information reported this first, but only the Reuters account could be accessed here; Anthropic has not commented and no price range has been set. Next to watch: a public S-1 and the price range, which matter for the AI financing narrative and for GOOGL and AMZN as backers.