Anthropic's $1.5 trillion ipo hits resistance from investors

anthropic's planned initial public offering (ipo) is facing resistance from investors who are pushing back on the company's $1.5 trillion valuation. this valuation is lower than the $2 trillion the company was considering in september. investors are concerned about anthropic's financials, as the company is still losing money and burning through cash to scale its ai infrastructure. the midterm elections and tech selloff have made things worse, and investors are waiting on october revenue numbers. a delay in the ipo, which could be up to $100 billion in size, could further shake confidence in the broader ai sector.