Crypto traders value Anthropic at $1.9 trillion as investor warns its IPO could mark the top of the AI bubble

Anthropic filed for a Nasdaq IPO Monday, reporting a quarterly operating profit as crypto markets valued it near $2 trillion.The Claude developer submitted its S-1 registration statement to the US Securities and Exchange Commission (SEC) on Oct. 26, seeking a listing under the ticker ANT.Goldman Sachs and Morgan Stanley are leading the offering, which could become one of the largest in US history. Anthropic has not yet disclosed its proposed share price or offering size, though market expectations point to a November debut.Crypto traders price Claude developer near $2 trillionCrypto trading platform Liquid reported that Anthropic's implied valuation fell roughly 2% to $1.88 trillion after the announcement.Meanwhile, Better Markets quoted an indicative pre-IPO share price of $2,967.92, corresponding to an estimated $1.43 trillion valuation under its pricing methodology.The enormous valuations have divided investors over what Anthropic's public debut could mean for the wider technology sector.Simon Dedic, founder of Moonrock Capital, said he expects the company to begin trading by mid-November, adding that the listing could mark the “top of the AI bubble” or become one of the largest...