Investor attention to AI valuations has intensified as Anthropic’s reported revenue growth for the third quarter came in at 46% to 50%, compared with 143% in Q2.
Stocks tied to AI, including Nvidia, Oracle and CoreWeave, also faced pressure amid investor scrutiny of valuations.
An agreement between Anthropic and Akamai runs for seven years and is valued at $11.6 billion. Anthropic develops the Claude line of artificial intelligence models.
Possible financing or strategic moves, Amazon and Google’s investment levels, and changes to Anthropic’s IPO timeline are among the indicators to watch.
