Anthropic IPO valuation estimated at $1.2 trillion–$1.3 trillion

Anthropic’s IPO valuation is being discussed by investors at $1.2 trillion to $1.3 trillion, according to PANews, with the company’s amended SEC filing still leaving the offering price and share count blank. Reuters reported that some investors view the previously floated $1.5 trillion valuation as too high, citing four people familiar with the discussions. The range is not a finalized IPO term but reflects investor debate over Anthropic’s worth as it prepares to list. The talks matter because they set expectations for one of the largest AI-related listings and could shape broader tech IPO sentiment. What to watch next is whether Anthropic fills in the blank IPO terms in its SEC filings and how the recent tech selloff and AI backlash affect the listing timeline.