Analysis: End of Anthropic lock-up period may trigger cascading correction in AI sector

According to 深潮 TechFlow, on November 11, Jack Selby, head of venture capital firm Copper Sky, believes that Anthropic's highly anticipated large-scale IPO may mark the peak of the AI investment frenzy; once the initial lock-up period ends, it could also trigger a cascading market correction. 'If Anthropic's IPO underperforms, it is likely to become a key factor in a future large-scale correction in the AI market,'

Selby said in a media interview on Wednesday. 'Imagine if this most anticipated AI company's IPO performs far below its expected valuation—what would happen after the lock-up period ends?' He again questioned the view that 'AI demand is infinite.' As for whether to invest in Asia's AI sector, Selby said that if conditions allow, he would 'go long on China's AI sector at scale.' This is because Anthropic cannot claim that its entire business must rely on domestic US models, creating arbitrage room for clients to switch to models from other countries.

Source: 深潮 TechFlow