Anthropic IPO $1 trillion valuation possibility discussed... questions also raised over listing delay

Investors planning to participate in Anthropic's IPO are pushing back on the roughly $1.5 trillion valuation floated for the AI company, with three major prospective backers saying the figure may need to be cut and one suggesting a value closer to $1 trillion, the Wall Street Journal reported. The skepticism comes as a selloff in AI-linked stocks continues, and some investors are also questioning whether the listing could be delayed. No final offering terms have been set, and the lower figures reflect investor opinion rather than agreed deal terms. The pushback matters because Anthropic is among the most anticipated AI listings, and its pricing will serve as a benchmark for how public markets value large AI developers after the recent equity pullback. What to watch next is whether the company and its bankers revise the target valuation and confirm or shift the IPO timetable.