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Anthropic IPO valuation may fall short of $2T amid financial concerns

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Anthropic ’s much-anticipated initial public offering (IPO) might not reach the previously speculated $2 trillion valuation, according to a recent analysis by Motley Fool. The article highlights concerns over Anthropic’s high valuation despite significant losses and potential business risks. Anthropic, known for its Claude AI models, was last valued at $965 billion during a Series H funding round in May 2026. Discussions around its IPO valuation have reportedly decreased to a range between $1 trillion and $1.5 trillion, as the company faces substantial infrastructure commitments and financing needs. Markets will closely observe Anthropic’s next moves, including any updates to its IPO valuation or pricing range. Key indicators will include any disclosures of revenue or annual recurring revenue growth, as well as the finalization of underwriter guidance and SEC filing approvals.

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