Anthropic IPO valuation expectations drop to ~$1.5T from $2T as Q3 growth slows to 45%
andersonbcdefg · x · 2026-10-17
Reuters reports Anthropic's expected IPO valuation has dropped to roughly $1.5T from $2T, with some existing and prospective investors reconsidering ahead of an anticipated November IPO.
- Q3 revenue hit $16.8B, up 45% QoQ — a notable slowdown from Q2's >100% growth ($11.6B)
- Despite adjusted profitability, the deceleration disappointed some investors
- A broader tech selloff and concerns over rising AI infrastructure costs added pressure
- The company has committed at least $518B to cloud computing and infrastructure over the next decade
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