Exclusive-AI backlash could threaten Anthropic IPO timing, potential investors say

NEW YORK/SAN FRANCISCO, Nov ⁠5 (Reuters) - Potential investors in Anthropic's highly anticipated IPO are raising doubts about whether the artificial intelligencestart-up can proceed with its planned roadshow next week in time for a November listing, people familiar with ⁠investor discussions said.

Investors are ⁠pushing for a more attractive valuation to commit to ⁠the offering, with some viewing the recently discussed $1.5 trillion valuation as being at the ⁠high end of expectations, the people said.

The discussions reflect in part the impact of thesharpest technology selloff ⁠in a year and geopolitical uncertainty clouding the outlook for new offerings.

Anthropic declined to comment.

The roadshow was initially expected to ⁠kick off the week of November 9, Reuterspreviously reported, with pricing expected the following week.

Anthropic may need to offer a bigger discount to ⁠secure investor commitments, particularly as investors recognize the company's need to raise capital, the people said, given a record of quarterly losses and the large commitments it has made to partners ⁠in the AI buildout.

(Reporting by Echo Wang and Milana Vinn in New York, Krystal Hu in San Francisco; additional reporting by Caroline Valetkevitch and Chuck Mikolajczak; Editing by Colin Barr and Jonathan Spicer )