Anthropic IPO Valuation Hits $2T Record, Cerebras Shares Drop 16%

Anthropic targets October public listing with $2 trillion valuation, potentially surpassing SpaceX. Meanwhile, Cerebras stock plunges 16% on missed Q2 revenue despite raised full-year guidance.

Woofun AI reports that Anthropic investors anticipate an October public listing with a valuation reaching $2 trillion, which would exceed SpaceX as the largest IPO in history. Cerebras shares fell 16% pre-market after Q2 revenue of $180.1 million missed expectations, though the firm raised its annual forecast to $890 million. Coherent stated customer orders are secured through 2028 and aims for $3 billion quarterly revenue by fiscal 2027 end. Apple is negotiating multi-year content deals for AI Siri access, costing hundreds of millions. Bank of America raised the 2030 server CPU TAM to over $210 billion, while Citi increased S&P 500 earnings forecasts.