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Anthropic’s blockbuster IPO could trigger market correction, investor warns

Los Angeles Times(subscription required) ·

Anthropic PBC’s blockbuster initial public offering may become the catalyst for major reversal in the artificial intelligence trade, according to Jack Selby, who runs the venture capital firm Copper Sky.

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  1. Los Angeles Times(subscription required)Anthropic’s blockbuster IPO could trigger market correction, investor warnsAnthropic PBC’s blockbuster initial public offering may become the catalyst for major reversal in the artificial intelligence trade, according to Jack Selby, who runs the venture capital firm Copper Sky.
  2. Business Insider(subscription required)Anthropic's IPO is an investor referendum on AIThe tech company recently set its IPO price targeting a $1.4 trillion valuation, and the stakes for the AI industry are high.
  3. The VergeAnthropic targets $1.4 trillion IPOAnthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as $1.4 trillion, according to the New York Times. The Wall Street Journal reports