Anthropic, the AI company behind Claude, is now expected to be valued at around $1.5 trillion for its upcoming IPO, down from earlier estimates of $2 trillion. This revision follows a slowdown in quarterly revenue growth, with Q3 revenue rising 45% to $16.8 billion, slower than the previous quarter's doubling. Despite profitability on an adjusted basis, investors are scrutinizing the balance between revenue growth and the high costs of AI development. The IPO will be a key test of investor appetite for large AI firms, especially with competition from OpenAI's potential public offering next year.
Anthropic's IPO valuation expectations have cooled amid slower revenue growth, providing context for readers. For those following the Technology sector, here is Pluang's market snapshot as of Oct 16, 2026 19:51 WIB: out of 150 priced US tech stocks, 69 rose and 75 fell. Notable movers include IREN at USD 29.41 with a 3.22% decline and 14% Sell / 86% Buy order activity, IONQ at USD 33.27 down 3.14% with 3% Sell / 97% Buy, and MSTR at USD 146.54 down 3.14% with 32% Sell / 68% Buy. Typical hold times range from 28 to 113 days on Pluang.
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