Some investors have lowered Anthropic's IPO valuation to $1.5 trillion.

This week, the Democrats won a landslide victory in the midterm elections, further intensifying market concerns that AI-related construction will slow down. Some Anthropic investors now expect the company's valuation at IPO to be below $1.5 trillion, with some saying the figure could fall further to $1 trillion. The company told the U.S. Securities and Exchange Commission