Anthropic IPO valuation expectation decreased from 2 trillion dollars to 1.5 trillion dollars

Some investors are considering valuing the upcoming IPO of the artificial intelligence company Anthropic at $1.5 trillion, a 25% decrease from the earlier expectation of $2 trillion.

Anthropic reported third-quarter revenue of $16.8 billion, a 45% quarter-over-quarter increase, but the growth rate has sharply slowed after more than doubling revenue in the second quarter. The company also reported adjusted profitability for the quarter.