Anthropic IPO Valuation Talks Drop to $1.3T as Major Investors Balk

Bloomberg and the Wall Street Journal report that Anthropic's planned IPO valuation talks have fallen from $2 trillion in early October to $1.2–1.3 trillion, after prospective investors balked following a 6.4% Nasdaq 100 plunge. Investors are still working toward an offering, though its timing is uncertain.