A major New York City pension fund has requested that AI startup Anthropic postpone its planned initial public offering, raising questions about investor confidence and market timing. The move comes amid growing scrutiny over valuation expectations in the tech sector, particularly for companies with unproven revenue models. While the fund did not disclose specific concerns, industry observers suggest concerns over high valuations and potential volatility in the AI market. The request highlights the cautious approach some institutional investors are taking toward high-profile tech IPOs in the current economic climate.
New York City pension fund asks Anthropic to delay IPO France 24
