# Anthropic investors reportedly push for a $1.5T to $1.6T IPO valuation

> Original title: WSJ: Big investors want Anthropic’s IPO priced at $1.5T to $1.6T, below the nearly $2T discussed for months.

- Source: Rohan Paul
- Published: 2026-11-02T23:40:43.000Z
- Bad Influence: https://badinfluence.news/items/brtb0980kh9qyjch52dif0nqr
- Original: https://x.com/rohanpaul_ai/status/2117401551526600969

## Summary

Major investors want Anthropic's IPO priced at $1.5 trillion to $1.6 trillion, below the nearly $2 trillion discussed for months, according to a WSJ report cited by Rohan Paul. The amended prospectus shows Q3 revenue of $17 billion, up from $11.6 billion, but higher expenses turned a $974 million operating profit into an operating loss, mainly from $5 billion of short-term compute. Commitments total about $895.4 billion, with $447.5 billion expected before 2031.

## Post

WSJ: Big investors want Anthropic’s IPO priced at $1.5T to $1.6T, below the nearly $2T discussed for months.

Some floated $1.5T after its October investor day, and last week’s double-digit falls in Alphabet and Intel hardened that view.

specially after Anthropic's amended prospectus that  shows Q3 revenue of $17B, up from $11.6B, but expenses rose faster, turning a $974M operating profit into an operating loss.

That loss stems mainly from $5B of compute bought on short-term terms, which costs significantly more than multiyear contracts.

The longer-term bill is far larger: commitments total about $895.4B, almost all for compute and infrastructure, with $447.5B expected before 2031.

Some investors trust finance chief Krishna Rao to price low enough for a first-day jump that could lift a $1.5T debut to $2T.

![](https://badinfluence.news/api/img-proxy?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FHWKFD3RaAAAGvdf.jpg&mode=thumb&exp=1793923200&sig=284e8214913d231f)