
Valuation expert Aswath Damodaran has valued Anthropic, the maker of Claude AI models, at $1.475 trillion in his base scenario for its anticipated initial public offering.
Damodaran's valuation range spans from a negative equity value of $373 billion in a worst-case scenario to $4.04 trillion in a best-case scenario.
The valuation highlights uncertainties around future revenue growth, profitability, and massive computing purchase and lease commitments running into hundreds of billions of dollars.