Anthropic IPO lockup expiration risks AI correction

According to Jack Selby of Copper Sky, Anthropic PBC’s blockbuster initial public offering carries the risk of marking a peak for the artificial intelligence trade and triggering a cascading correction upon the expiration of initial lockups. The company is seeking to raise up to $100 billion through an IPO, private placement, and potential overallotment, drawing robust early demand despite Selby's skepticism. Open article →