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Business · 58 minutes ago

Some Anthropic investors reportedly eye $1.5tn valuation, down from the $2tn expected

Some Anthropic investors reportedly eye $1.5tn valuation, down from the $2tn expected

Photo: RyanDonegan (CC BY 2.0)

Reuters reports that some investors at Anthropic's investor day in San Francisco on Wednesday talked about a $1.5tn value, down from the $2tn expected for a November listing. They were reportedly disappointed by slowing growth and high AI infrastructure costs, even though Anthropic reported revenue of nearly $17bn. Anthropic declined to comment.

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Reported by The Telegraph · How we write briefs

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