Some prospective Anthropic IPO investors discuss $1.2 trillion–$1.3 trillion valuation

Some prospective investors in Anthropic’s planned initial public offering are discussing a valuation of $1.2 trillion to $1.3 trillion, an unnamed person familiar with the matter said. That is below the roughly $1.4 trillion to $1.5 trillion investors had previously indicated to bankers, with expectations shifting after a sharp selloff in AI stocks. Discussions remain ongoing and no final decisions have been made, the person said; Anthropic declined to comment.