Anthropic retracts details of $69 billion IPO filing sent to bankers. Why analysts are raising worries over valuations

Anthropic mailed bankers details of its blockbuster $69 billion IPO filing, only to retract it later saying that some of the pricing details were incorrect, as per a report by Reuters, citing sources. This comes amid growing investor concerns over the AI giant’s massive valuations as the AI frenzy fizzles out.

The maker of Claude chatbot first sent a copy of the filing in which it said it will sell around 867 million shares in a price ‌range ⁠of $70 to $80 per share, but a follow-up email said the details about the pricing were inaccurate and it would update the filing later, the report added, citing the emails Anthropic sent to bankers late on Monday.