quote: INVESTORS WEIGH LOWER ANTHROPIC IPO VALUATION OF ABOUT $1.5T, DOWN FROM ABOUT $2T, PER REUTERS Some investors who attended Anthropic's investor day Wednesday discussed a valuation of around $1.5T for the November share sale, according to people familiar with the matter. Some were disappointed that sequential revenue growth slowed. - Q3 revenue: $16.8B, up 45% from Q2's $11.6B, per what Anthropic told investors - Q2 revenue had more than doubled from Q1 - Anthropic also said it was profitable on an adjusted basis in Q3 Anthropic did not immediately respond to Reuters' request for comment. | JUST IN: SOME ANTHROPIC INVESTORS ARE REPORTEDLY WEIGHING A LOWER VALUATION AHEAD OF ITS IPO Some investors discussed a valuation of around $1.5 trillion, below the roughly $2 trillion previously expected for its November share sale, per Reuters, citing people familiar with the matter. At its investor day on Wednesday, Anthropic reportedly told investors its third-quarter revenue rose 45% from the prior quarter to $16.8 billion, and that it was profitable on an adjusted basis. Some investors were disappointed that growth slowed after revenue more than doubled to $11.6 billion in the second quarter, the people said. Anthropic did not immediately respond to a request for comment.