Alphabet Reportedly Values Its Anthropic Stake at $124 Billion. A $2 Trillion IPO Could Double It -- on Paper.
Alphabet disclosed in July that its private-company holdings were valued at $124.3 billion, a figure attributed mostly to its stake in Anthropic. Anthropic has reportedly delayed its initial public offering to November and is seeking a valuation of around $2 trillion, which could roughly double Alphabet's stake on paper.
Why it matters — A GOOGL watcher would care because Anthropic's reported IPO valuation could substantially increase the book value of Alphabet's investment in the AI company.