Anthropic, which officially filed to go public at a rumored valuation of up to $2 trillion dollars just a week before the elections.
As Bloomberg reports, those prospects are in free fall as the chaos takes hold. Some investors are now weighing bids that would value Anthropic as low as $1.1 trillion. While that’s still a huge valuation for a company that lost over $80 billion in the first half of 2026 alone, it’s a massive drop compared to the previously unbridled enthusiasm surrounding the firm’s IPO.
You think this is bad, the guys at OpenAI probably realized they are cooked! IPO is a way to cash out and flee to Argentina, instead they might walk face first into a combine harvester that is the remnants of the AI market. Poor Atlman can sell some RAM.