Stock market
Haircut No. 2: Anthropic IPO Talk Slides To $1.2 Trillion As AI Rout Crushes Odds Of A November Listing

Haircut No. 2: Anthropic IPO Talk Slides To $1.2 Trillion As AI Rout Crushes Odds Of A November Listing Keeps going lower.Three weeks ago we reported that Anthropic IPO investors had marked the valuation from $2 trillion down to $1.5 trillion as the growth slowdown sank in. This morning, Bloomberg reports that the price tag has been cut again: after Thursday's AI bloodbath, some potential backers are now discussing a value as low as $1.2 trillion for the company, a person familiar told the news agency (deliberations are "ongoing," no final decisions have been made, and Anthropic d