Business

Anthropic IPO Faces Market Uncertainty Amid Concerns of an AI Bubble Bursting

Tech stocks lost over $1 trillion in a single day following the US midterm elections.

Goldman Sachs estimates a $230 billion gap between AI spending and revenue for hyperscalers.

Anthropic plans to proceed with its IPO later this month with a valuation target of $1.2 to $1.3 trillion.

Analysts are divided on whether recent market shifts represent a bubble or a healthy correction.

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