After the AI stock plunge, the market questions whether Anthropic's IPO can support a $1.5 trillion valuation.

BlockBeats news, November 6 - People familiar with the matter said that after the unwinding of AI-related investments triggered a sharp stock market sell-off, large investors are increasingly doubtful about whether Anthropic's IPO can proceed at the expected $1.5 trillion valuation. Anthropic originally planned to make its debut in the week of November 16, with the offering expected to raise up to $100 billion, bringing the company's valuation to about $1.5 trillion.

But three large investors planning to participate in the IPO said the valuation may need to be lowered, with one saying it could be closer to $1 trillion. Another investor said that even if the market rebounds, persuading institutional investors who were just hurt in the recent sell-off to take on major risk in the AI sector again could be a challenge. That investor doubts whether Anthropic will delay the offering. The alternative is that the company may raise less than expected. People familiar with the matter said Anthropic executives and their advisers are expected to meet in the coming days to discuss the IPO plans. Some said they have avoided committing to specific plans throughout the process in order to keep their options open.