Anthropic's valuation drops $126.4 billion following the launch of Kimi K3.

iconChainthink
Share
AI summary iconSummary
Anthropic’s valuation dropped by $126.4 billion following the launch of Kimi K3, now standing at $838.6 billion—a 13.1% decline from May’s $965 billion. Trading activity decreased across platforms, with trading volumes reflecting similar declines. ChainThink reported the shift, noting broader market adjustments following the release of the new model.

ChainThink reports that on July 29, according to Stock Analysis’s estimation based on data from the private equity trading platform Hiive, following the release of Kimi K3, the market has lowered its expected valuation for Anthropic’s IPO, with its current implied valuation at approximately $838.6 billion.

This valuation represents a 13.1% decline from Anthropic’s May funding round valuation of $965 billion, a difference of approximately $126.4 billion. Similar changes have been observed on other trading platforms.

According to The Guardian, within a few trading days after the release of Kimi K3, bets on Anthropic’s valuation on the IG platform decreased by $232 billion.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.