Anthropic's IPO faces delays after tech stocks plunge post-midterms

Anthropic's planned initial public offering is facing delays following the Democratic victory in the US midterm elections, which triggered a sharp decline in tech stocks and increased market uncertainty. Insiders report that potential investors are questioning the timeline for the AI startup's IPO, with a scheduled investor roadshow next week and a November listing now uncertain. Investors are pushing for a lower valuation than the discussed $1.5 trillion, citing ongoing quarterly losses and high financial commitments. The hesitation stems from the worst tech selloff in a year and post-election uncertainties. Investors are also awaiting Anthropic's October revenue figures, which were left open in its prospectus, while successful ballot initiatives in several states to restrict data centers add further complications.