Anthropic filed to go public at a rumored valuation of up to $2 trillion dollars before the midterm elections. That figure is dropping fast.

Anthropic, which officially filed to go public at a rumored valuation of up to $2 trillion dollars just a week before the elections.

As Bloomberg reports, those prospects are in free fall as the chaos takes hold. Some investors are now weighing bids that would value Anthropic as low as $1.1 trillion. While that’s still a huge valuation for a company that lost over $80 billion in the first half of 2026 alone, it’s a massive drop compared to the previously unbridled enthusiasm surrounding the firm’s IPO.

    • h0tbeef@lemmy.zip
      12·
      5 hours ago

      Hate to break it to you (or your son), but the kind pf RAM theyve got in that datacenter is not compatible with your son’s computer.

      It’s essentially worthless for any purpose other than the type of GPUs they put in a LLM data center. That’s part of why their business is so dumb.

      The reason RAM prices have skyrocketed is because the limited number of RAM fabrication facilities have mostly converted their setup to produce the type of RAM that only works for slop instead of the consumer grade stuff.

      So your son and I are both gonna need to wait for those RAM fabrication facilities to realize that the people ordering years worth of their work don’t actually have the money to pay for their order. At that point they will likely convert the fabrication facilities back to normal RAM production, and a couple of years after thar happens RAM prices will begin to approach sensible levels again.

      I am very excited to buy some of the large HDDs currently being hoarded by the slop mongers when they soon eat shit tho… I’ma build me a fat RAID.

      • jj4211@lemmy.world
        3·
        4 hours ago

        Also, the system designs in general expect more power than a residential circuit can provide, some more than an EVSE circuit. So folks imagining buying a system that does have the memory are also going to be disappointed.

        The storage is the most likely to come over, with the caveat of some awkward EDSSF form factor, but enclosures I could see becoming available with a big enough opportunity. E1.L might be the trickiest, but those aren’t too popular in the datacenters either.