Investors push Anthropic to lower IPO valuation to ~$1.5T-$1.6T to leave room for first-day rally

Institutional investors planning to buy into Anthropic's IPO are pushing the company and its advisers to lower the valuation to $1.5 trillion-$1.6 trillion, well below the roughly $2 trillion floated in recent months, to leave room for a strong first-day rally. Alphabet holds an option to buy up to $10 billion in Anthropic shares at the IPO price.

Detected & updated continuously · Source: Nebula