Why Anthropic's IPO May Have Just Gotten a Whole Lot Riskier

Anthropic is set to go public later in November 2026 at a potential $2 trillion valuation, but the timing is problematic. The AI company is growing rapidly (1,200% revenue growth) but remains deeply unprofitable with $104 billion in losses. Recent tech sector sell-offs and market bearishness on high-valuation tech stocks create additional risk. The author warns that Anthropic's valuation is unsustainable and recommends investors wait rather than rush into the IPO.