Big investors push for $1.5T–$1.6T Anthropic IPO valuation, below ~$2T discussed

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 Wall Street Journal report cited by Rohan Paul on X.

The amended prospectus shows Q3 revenue of $17 billion, up from $11.6 billion. 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.