AI Valuations and Funding Targets Face Downward Pressure Amid Market Unwinding

Bloomberg reports that margin calls on leveraged AI positions in Asia and broker warnings of ongoing unwinding suggest that valuations could fall further. Meanwhile, major AI model makers face repricing pressure, as Anthropic's IPO buyers discuss valuations as low as $1.1T, OpenAI cuts its fundraising goal to about $20B at a $1.25T valuation, and investors lower Nscale's IPO valuation range to between $16B and $19B. Open article →