Anthropic IPO faces investor pushback on valuation

Potential investors in Anthropic's highly anticipated IPO are questioning whether the AI startup can proceed with its planned roadshow next week for a November listing, amid valuation concerns and market volatility. Some view the discussed $1.5 trillion valuation as at the high end of expectations. Investors are pushing for a more attractive valuation, potentially requiring a bigger discount, given Anthropic's quarterly losses and capital needs. The sharpest tech stock selloff in a year and geopolitical uncertainty are clouding the outlook, with October revenue figures still awaited to assess growth. A delay could fuel broader concerns about the AI ecosystem and pressure tech-heavy stock markets, though many investors remain bullish long-term. Anthropic may postpone until year-end if market conditions don't improve for an offering expected to reach $100 billion.