Anthropic IPO valuation reportedly trimmed as Meta guides up to $145 billion in capex

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Claude's developer has priced its Nasdaq debut at up to $1.404 trillion after an AI selloff cooled earlier talk of $2 trillion Anthropic is heading to the public markets with a price tag that, by any normal standard, is enormous. It is also smaller than it was supposed to be. The developer behind the Claude AI model revised its IPO prospectus on November 10, 2026. The new terms imply a fully diluted valuation of up to $1.404 trillion , down from earlier projections that had reached as high as $2 trillion. Investors are reportedly lowering their expectations after a broad selloff in AI stocks. The same week, Meta Platforms guided its 2026 capital spending to between $135 billion and $145 billion.
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