Anthropic IPO odds fall to 57% on Kalshi after AI selloff

Traders on Kalshi have sharply reduced the odds that Anthropic will announce an IPO before December, with chances falling to 57% from over 85% in the past week amid an AI stock selloff following Democratic victories in the midterm elections. The probability of an IPO announcement before January also dropped to 68% from 90%. The decline reflects investor concerns that Democratic control of Congress could slow data center construction, making AI investments less attractive, with Texas Governor-elect Gina Hinojosa advocating for stricter data center regulations. The repricing coincided with a broader market correction, as the Nasdaq closed more than 10% below its recent high on Thursday. Anthropic confidentially filed its IPO prospectus with the SEC in June, and the contract's outcome will be verified by news outlets.