I'll be honest, I'm a bit of a value investor at heart. So, when I see rumors that AI start-up Anthropic is potentially targeting a $2 trillion IPO valuation, I get a little bit squeamish. That would value the developer of the Claude AI chatbot at 30 times revenue. That's quite pricy for someone who views a stock trading at 30 times earnings as expensive.
Despite that sky-high valuation, I'm still interested in investing in Anthropic when it goes public. While I probably won't buy IPO shares, I'd pounce if it follows the path of most big IPOs and subsequently falls after an IPO pop.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: Getty Images.
Anthropic hasn't priced its IPO yet. However, I've seen a couple of reports suggesting it's targeting a $2 trillion valuation, which would put it ahead of the $1.8 trillion valuation at which ****** eX (NASDAQ:SPCX) priced its IPO this past June.
#NVIDIA #targeting #times
Despite that sky-high valuation, I'm still interested in investing in Anthropic when it goes public. While I probably won't buy IPO shares, I'd pounce if it follows the path of most big IPOs and subsequently falls after an IPO pop.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: Getty Images.
Anthropic hasn't priced its IPO yet. However, I've seen a couple of reports suggesting it's targeting a $2 trillion valuation, which would put it ahead of the $1.8 trillion valuation at which ****** eX (NASDAQ:SPCX) priced its IPO this past June.
#NVIDIA #targeting #times
7 days ago