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Anthropic IPO may signal AI market peak, warns Selby
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What happened
The IPO is expected to launch on Nasdaq under the ticker “ANT,” with the company pricing shares between $70 and $78. Anthropic is an artificial intelligence company based in San Francisco.
Share Jack Selby has issued a warning that Anthropic ’s upcoming IPO could represent a peak for the AI market, potentially leading to a correction once lockup periods expire. This pricing suggests a valuation between $1.3 trillion and $1.4 trillion, lower than earlier estimates of up to $2 trillion.
Market participants will be closely observing Anthropic’s performance on IPO day, particularly the market cap at close. Read the news about them from hundreds of publishers in Pro.