Anthropic's $2T IPO Faces Uncertainty Amid AI Sector Sell-Off

Huo Xing Finance reports that on October 24, Anthropic plans to launch its IPO in mid-November, with a target valuation of up to $2 trillion. However, recent selling pressure in the AI sector, combined with a narrowing window for listing, has cast uncertainty over its IPO plans. Under U.S. Securities and Exchange Commission (SEC) rules, companies must publicly file their S-1 prospectus at least 15 days before beginning their roadshow; to complete the listing by late November, Anthropic must submit the relevant documents no later than next week. Recently, AI-related assets have come under pressure: CoreWeave’s stock has fallen approximately 30% over two weeks, and Micron has declined about 17% over the past month, heightening market concerns over the sustainability of AI capital expenditures and funding capabilities. Some market participants believe Anthropic may delay its IPO to wait for a more favorable market environment; however, analysts note that the company’s urgent need for capital investment in computing power, coupled with increasing difficulty in securing private financing, could push it to proceed with the IPO. The market currently assigns an approximately 80% probability to Anthropic listing this year.