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Startups & Venture·November 10, 2026·1 min read

Anthropic targets valuation of up to $1.4tn in stock market flotation

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A targeted IPO valuation up to $1.4T — after talk of $2T — reflects both how large AI expectations remain and how quickly public markets are repricing risk. For buyers and partners, this means growth and margin pressure will be intense: lock in multi-year terms now if you want insulation from future pricing experiments.