IPO: According to insiders, AI company Anthropic is threatened with a delay in its IPO

New York, San Francisco. According to insiders, potential investors are doubting the schedule for the highly anticipated IPO of the AI ​​startup Anthropic. The advertising tour planned for next week among lenders for an initial listing in November is on the brink, four people familiar with the events told the Reuters news agency on Thursday (local time).

Investors are therefore pushing for a lower valuation than the last discussed $1.5 trillion. Anthropic may have to offer a larger discount to secure commitments. Investors pointed to the company's ongoing quarterly losses and its high financial commitments to expand artificial intelligence (AI). Anthropic declined to comment.

The background to the reluctance is the strongest sell-off in technology stocks in a year as well as uncertainty after the US congressional elections on Tuesday. Investors are also waiting for Anthropic's sales figures for October, which the company initially left open in its updated prospectus.

To make matters worse, initiatives to restrict data centers were successful in voting in several US states. A delay in the expected $100 billion issuance could fuel concerns about the entire AI industry and weigh on the broader stock market. Some time ago, investors had expected Anthropic to go public in October and be valued at up to two trillion dollars.