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.

  • mad_lentil@lemmy.caEnglish
    2·
    23 hours ago

    Part of my job takes me to data centers, including ones with GPU clusters entirely for LLM workloads, and that isn’t strictly true.

    There’s so much hardware sitting around, unused: system RAM, SSDs, HDDs, CPUs, etc that could easily go in consumer hardware, plus some GPUs still have VRAM. Plenty for most gamers. Then there’s always the local LLM scene, and I’m sure there are all other kinds of neat computation you could do with these.

    I foresee a big microsoldering scene keeping these babies going long after they’re “obsolete.” Graphics peaked when I was in my 20s anyway, so it’s not like we need to go any more hifi. ;p

    Edit: I did some more reading and… I might be wrong on a lot of this. Well at least the storage will hopefully be cheap again! And I’m still hoping for adaptations made for consumer use once everyone stops using SaaS. Any day now…