Dean of valuation Aswath Damodaran pegs Anthropic's worth at $1.475 trillion ahead of mega IPO

Aswath Damodaran has estimated Anthropic’s worth at $1.475 trillion ahead of the company’s mega IPO, according to the supplied information.

Valuation rests on three business factors

Anthropic’s future valuation is expected to depend on the pace of its revenue growth, the cost of the computing power required to operate its business and its ability to maintain a premium position in the artificial intelligence market.

Those factors will be central to how investors assess the company’s value. Stronger revenue growth could support the estimate, while high compute costs may affect the economics of expansion. Anthropic’s ability to preserve its premium market position is also identified as a key consideration.

Why the estimate matters

The $1.475 trillion figure places Anthropic’s valuation in focus as it approaches the reported mega IPO. However, the available information does not provide further details on the offering, the timing of the listing or Damodaran’s valuation methodology.

For now, the estimate highlights the importance of growth, operating costs and competitive positioning in determining Anthropic’s future worth.