The strongest case against the Anthropic IPO right now: it lands in the middle of an AI selloff. This week: $NVDA -9.26%, $AMD -17.26%, $MU.NE -17.46% on worries about AI infrastructure spending. If chips keep repricing, ANT can open below its offer price. That risk is real, and the selloff can go further. Why I still look at it: → Public round (from Nov 10) is pro rata, same ratio for everyone, unallocated funds refunded, up to 25,000 USDT per user → rANT is backed 1:1 by ANT shares in custody, priced off Nasdaq, no vote, no lock-up once delivered My plan: skip the VIP round (Nov 5 to 9), wait for the public round, commit a small amount I can afford to see below the offer price. No perp on top. Another leg down in chips before Nov 10 -> I commit less or skip. If they stabilise -> the plan stays. https://t.co/X2vZZx4GgC Not financial advice. Is the IPO the end of the AI selloff or the next test of it?