Investor AI doubts intensify as Anthropic IPO loses US$500b
The pullback in AI stocks was deep last week, as investors rotated into the 'safer' shores of energy, consumer and other sectors. With the likes of CoreWeave and Nebius falling 25%, serious doubts emerged. And that doubt flowed into the private sector, where Anthropic, ahead of its presumed IPO next month, was savagely revalued, losing a quarter of its value.
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