AIMedium

Anthropic's higher IPO valuation fuels tech rally and FTX stake talk

The FT says the prospect of a higher Anthropic IPO valuation is helping lift tech stocks. FTX's former stake, sold for $1.34B in 2024, would be worth over $30B at the proposed price.

Anthropic
Anthropic. Photo: HaeB, CC BY-SA 4.0, via Wikimedia Commons

What we know

The FT reported that a higher IPO valuation for Anthropic helped US tech stocks extend their rebound. Cointelegraph noted that FTX's former Anthropic stake would be worth over $30B at the proposed IPO price, versus the $1.34B at which the bankruptcy estate sold it in 2024. Remarks attributed to Anthropic in a sell-side meeting, including that the AI market is winner-take-all, are relayed secondhand and unverified.

Sources

@FT

“prospect of a higher initial public offering valuation for Anthropic”

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What people are posting

Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.

@0xHoodMaxi

“FTX's former Anthropic stake would be worth over $30B at the AI company's proposed IPO price.”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.