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IPO Timing Faces Doubts

IPO Timing Faces Doubts

Potential investors have expressed doubts about Anthropic’s ability to begin its roadshow next week and list its shares in November, according to four people familiar with the matter. They are pushing for a valuation below $1.5 trillion, which they consider too high. The company may have to offer a deeper discount to secure investor commitments, given its quarterly losses and obligations to partners, as well as falling technology stocks and geopolitical uncertainty. A delay in the offering could heighten concerns about the AI sector, even as some investors remain optimistic about its growth.

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