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Anthropic faces lower IPO valuation expectations after an AI stock selloff, with buyers now discussing a range of $1.2 trillion to $1.3 trillion. The Nasdaq $NDAQ 100 fell 6.4%, erasing $2.3 trillion in market cap. Anthropic filed an amended Form S-1 showing $33.24 billion in revenue and a $104 billion net loss for the period ending Sept. 30.
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