WSJ：投资者下调 Anthropic IPO 估值预期至 1.5 万亿美元
Anthropic 的 IPO 估值从 2 万亿砍到 1.5 万亿，连 OpenAI 融资也没达标，政治因素开始压过公司业绩本身了。
据 WSJ 报道，投资者已将 Anthropic 的 IPO 预期估值从约 2 万亿美元下调至 1.5 万亿美元，部分投资者认为 1 万亿美元更现实。民主党中期选举获胜后，数据中心禁令担忧引发美股 3.2 万亿美元抛售。Anthropic 业务仍在增长，10 月底年化收入超过 800 亿美元，9 月 30 日持有现金 1466 亿美元。OpenAI 情况类似：以 1.25 万亿美元估值只完成 300 亿美元融资目标中的 110 亿美元。
WSJ: Investors have cut their expected Anthropic IPO valuation from about $2T to $1.5T, and some now say $1T is more realistic.
Its all about politics now after the midterm, rather than Anthropic’s own numbers.
Since midterm wins by democrats, the fear of data center moratoriums triggered a $3.2T selloff in US stocks.
Anthropic’s business is still growing, with its run rate above $80B at the end of October, so some investors want those results before assuming a cut.
Even a smaller raise of about $80B would leave Anthropic with more than $200B in cash, given the $146.6B it held on September 30.
OpenAI’s weak fundraising points the same way: it has raised $11B of a $30B target at a $1.25T valuation, below what it first sought.
Because Google, Amazon and Nvidia are closely tied to Anthropic’s business, a delayed or repriced IPO could hurt valuations well beyond Anthropic.
