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Anthropic prepares Nasdaq IPO as AI and data center opposition grows

1 article1 sourcesince Nov 7Last article 49m ago ·

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Anthropic is preparing a Nasdaq IPO, likely in mid-November, according to CNBC. Investors are aiming for a valuation of $1 trillion to $1.5 trillion, down from $2 trillion, CNBC reports.

The listing comes after voters in the midterms rebuked AI, and local communities opposed data center ballot measures in 40 of 41 cases, CNBC says. Anthropic's amended prospectus lists about $895.4 billion in committed compute and infrastructure spending.

Written by AI from the articles below · updated Nov 7, 8:32 AM ET

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Nov 7
  1. CNBC · TechnologyNews
    Anthropic's IPO faces AI backlash after midterm data center rebuke

    AICNBC reports that Anthropic is preparing a Nasdaq IPO, likely in mid-November, with investors aiming for a $1 trillion to $1.5 trillion valuation, down from $2 trillion. Voters in the midterms rebuked AI, and local communities opposed data center ballot measures in 40 of 41 cases. Anthropic's amended prospectus lists about $895.4 billion in committed compute and infrastructure spending.

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