Research Firm Calls Anthropic's Upcoming IPO 'Unprecedented Test of Investor Gullibity'

CNBC reports: As Anthropic barrels toward a potential $2 trillion market cap on the Nasdaq, one research firm is valuing the artificial intelligence company at a mere $150 billion and says Wall Street is about to face an "unprecedented test of investor gullibility." In a report on Tuesday, independent financial research provider New Constructs called Anthropic's upcoming offering the "most ridiculous IPO of 2026." To reach its desired valuation, the firm estimates Anthropic would need to reco