Anthropic's $1.5 Trillion IPO Faces Delay as Tech Selloff Scares Investors

Anthropic's planned November IPO is at risk of delay as potential investors question its $1.5 trillion valuation amid a selloff in technology stocks and concerns about AI investment. Investors are demanding better terms, calling the valuation too high given current market conditions, and doubt the company can meet its schedule for pricing shares starting the week of November 9. Financial concerns include large quarterly losses and heavy infrastructure commitments. The market turmoil followed a two-day decline after US midterm elections, with AI infrastructure stocks like Nebius and CoreWeave halving in value over the past month. Some investors remain optimistic, though Anthropic may postpone the IPO if the selloff continues.