IPO● Neutral for Indian equities
Wall Street’s IPO fervour cools on tepid demand and valuation worries
The brief
- Several US listings have been paused amid tepid demand and valuation worries
- Anthropic warns government actions could hurt revenue and customer ties ahead of IPO
- Anthropic's IPO pitch embraces AI's promise and peril
- Anthropic IPO filing shows 47% of sales came through Amazon and Google
- OpenAI seeks $30 billion in funding at a $1.4 trillion valuation
- Anthropic flags uncertain legal exposure from rogue AI agents