TREE NEWS reports: Anthropic PBC’s widely anticipated IPO risks becoming the peak of the AI rally, with a wave of selling possible once the first lock-up period expires, Copper Sky head Jack Selby said. The Claude chatbot developer is seeking to raise up to $100 billion through an IPO, private placement and a potential over-allotment option. Selby said a disappointing debut would be a major factor in a broader AI correction.
Anthropic IPO could mark AI market peak, Copper Sky’s Selby warns
Selby's warning is less about Anthropic's fundamentals than about market structure: a debut of this size concentrates sentiment, and the lock-up expiry gives early holders a scheduled exit that could test demand after the first-day pop. It matters most for anyone treating AI exposure as a single trade, since a soft reception would be read as a verdict on the whole sector rather than one issuer. The open question is whether the raise lands near the top of its range and how the stock trades once lock-up supply arrives.
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