Major Investors Are Skeptical Anthropic IPO Can Achieve $1.5T Valuation
Major investors doubt Anthropic can reach a $1.5 trillion valuation in an IPO. Their skepticism raises questions about the AI company’s potential public-market value. (wsj.com)
Conductor, a coding-agent workspace launched in July 2025, is joining Meta. Its team says the move will support plans for a new interface, with an early version expected next year, but has not shared details about what it will do. The current local app will continue operating and receive new models and critical bug fixes until early 2027, when it is expected to wind down. The announcement frames the transition as a pause in the product’s current form rather than an immediate end to Conductor’s development.
The cloud service is closing sooner: new sign-ups and downloads stop Nov. 4; workspaces become read-only Nov. 13; and shutdown and data deletion begin Nov. 20. Users can move individual cloud workspaces and chats to a Mac using “Transfer to local,” or export all their data through Settings → Account → Export data. Active subscribers will receive refunds. Existing free users cannot upgrade, while current pro users can keep using pro features for free. Conductor says it has never sold or used customer data for training and will delete user data when the local app shuts down. The team is available by email to help users transition.
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Major investors doubt Anthropic can reach a $1.5 trillion valuation in an IPO. Their skepticism raises questions about the AI company’s potential public-market value. (wsj.com)
Major investors doubt Anthropic can reach a $1.5 trillion valuation in an IPO. The skepticism centers on whether the AI company can justify that price to public-market investors. (wsj.com)
The New York Times Company is in exclusive talks to acquire Letterboxd for about $330 million, though no deal is finalized. The film community has 30 million users, and the Times plans to keep it operating independently while combining its advertising systems. (nytimes.com)
Michael Burry says Anthropic’s IPO valuation and nearly $895 billion in infrastructure commitments depend on sustained optimism about AI demand. Despite revenue reaching $17 billion in the third quarter, he says he has no plans to buy the company’s stock. (businessinsider.com)
Hedge funds have sharply sold AI-related debt, including loans tied to data centers, as doubts grow about the projects’ outlook. AI companies continue to borrow heavily for expansion, while financing costs for investment-grade tech firms have risen to their widest premium over the broader US market since 2003. (bloomberg.com)
A side project transformed 100 old science-fiction books into a database of 6,222 startup ideas. It uses speculative concepts from fiction as a source of business inspiration. (reddit.com)
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