Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Say More Look Up Mashable Selects Trending Now Gift Ideas For Everyone On Your List Safety Net Mashable @Home In My Bag Versus Creator Playbook Getting Technical with Mashable All Series Will Anthropic's IPO suffer from investor concerns about the AI boom? Matt Binder joined Mashable's tech vertical in 2018, where he covers social media, tech policy, cybersecurity, online scams, cryptocurrency, AI, creator news, weird tech, and other related tech beats. Here's what we know about Anthropic's current IPO plans. Unlike its biggest competitor, OpenAI, Anthropic doesn't appear to be backing away from its IPO. Anthropic, the AI giant behind the Claude chatbot, is preparing for an IPO roadshow, according to an announcement from the company.

Trading in Anthropic shares could start as soon as next week. Trading in Anthropic shares could start as soon as next week. Tue 10 Nov 2026 11.13 ESTLast modified on Tue 10 Nov 2026 11.18 EST Anthropic is seeking a valuation of up to $1.4tn (£1.05tn) in its imminent stock market flotation, short of the $2tn that had been expected before investors started to question the durability of the AI boom. The developer of the Claude chatbot was widely reported to be targeting a $2tn initial public offering on Wall Street but its sights have been set lower, according to a US regulatory filing on Tuesday. Anthropic is aiming to raise up to $64.4bn by selling 825m shares in the IPO priced up to $78 a share, giving the company a valuation of up to $1.4tn.

Could the US midterms put a pin in the AI bubble? Is the artificial intelligence (AI) gold rush coming to an end, or is this simply a reality check? That's the question which is hanging over investors, and which has prompted steep falls on the world's stock markets. The sell-off in the US on Thursday was most dramatic on the Nasdaq, home to tech industry titans such as Alphabet, Nvidia, Meta and Apple. It followed sweeping gains by the Democrats in this week's mid-term elections in the US, which have given the party full control of Congress.

You're viewing the US edition You can switch to the UK, AU or IE homepage at any time using this menu. The market rout on Wall Street spread to global stock markets this morning, as the Democrats' midterms victory triggered a retreat from artificial intelligence stocks. There was a sea of red in Asia, with Japan's Nikkei 225 plunging 6 per cent overnight in its worst one-day drop since April 2025, while South Korea and Taiwan's indices plunged more than 8 per cent at the open. In London, the FTSE 100 dropped over 200 points, or 1.96 per cent, to 10,571, having risen as high as 10,948 on Thursday before the tech slump soured the mood. European markets were equally fragile, with Germany's Dax and France's Cac indices falling 2.2 per cent and 1.76 per cent, respectively.

Hiring and unemployment figures for October will provide an update on a work force that has added jobs at a slow, steady pace for months. See more of our coverage in your search results. The latest reading on what has been a relatively stagnant labor market will come in the monthly jobs report to be released Friday by the Bureau of Labor Statistics. Employers have generally added workers at a slow but steady pace for months, though the headline payroll numbers have been volatile. The unemployment rate has stayed low, hovering in a narrow range just above 4 percent for the last two years. Layoffs are at historically low levels. Workers are reluctant to leave their jobs. "We really do just remain in this low-hire, low-fire environment," said Laura Ullrich, the director of economic research at Indeed, the job search website. The stability has allowed consumers to keep spending, buoying the economy overall. But for those without jobs, opportunities have been more limited. And even people who do have jobs have been losing leverage, as wage growth has slowed and inflation has eroded their spending power . Here's what to watch in the report: There have been some tentative signs that the labor market may be perking up. The Job Openings and Labor Turnover Survey this week showed that the quits rate rose in September, a sign that workers may feel more confident in their ability to get new jobs.

A tech stock rout that began overnight in the United States has persisted in Asian trading. Market authorities in South Korea paused trading on Friday as prices plunged across the region. Global markets have been rattled by a sharp fall in the trading price of tech stocks, which is driven by fears that the Democrats' victory in the US midterm elections will increase regulatory scrutiny of AI and slow the country's data centre build-out. Indices in South Korea and Taiwan plunged more than 8 percent after the opening bell, before cutting losses as authorities scrambled to stem the selling. Wall Street's volatility "fear gauge" soared overnight on Thursday and the tech-focused Nasdaq sank 5.5 percent, wiping $3 trillion off S&P 500 firms, as investors fretted that the Democrats could put the brakes on the AI boom being encouraged by President Donald Trump.

Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Mashable Selects Look Up Say More Trending Now Gift Ideas For Everyone On Your List Safety Net Mashable @Home In My Bag Versus Creator Playbook Getting Technical with Mashable All Series Wall Street investors are grappling with D.C.'s new power structure and how it will affect Silicon Valley. Neal joined Mashable's Social Good team in 2024, editing and writing stories about digital culture and its effects on the environment and marginalized communities. He is the former editorial director of The Advocate and Out magazines, has contributed to the Los Angeles Times, Curbed, and Los Angeles magazine, and is a recipient of the Sarah Pettit Memorial Award for LGBTQ Journalist of the Year Award from the National Gay and Lesbian Journalists Association (NLGJA). He lives in Los Angeles with his family. After a huge stock market rally on Wednesday following the decisive Democratic win in the U.S. midterms, stocks tumbled sharply on Thursday as investors feared a slowdown in data center construction and the AI industry as a whole.

When will we know results? Midterms didn't appear to have huge impact, though predicted wins for Democrats could mean more regulation US tech stocks made a recovery on Tuesday afternoon after a selloff spooked investors over AI spending. Tuesday's midterm elections didn't appear to have a huge impact on Wall Street, though investors are predicting Democrats get at least a majority in the House and potentially gain seats in the Senate, which could lead to more AI regulation. The S&P 500 was up 0.37% at market closing on Tuesday, while the tech-heavy Nasdaq increased 0.83% for the day. The Dow dropped 0.38% following a 1.9% dip in Apple's share price after the company released a worse-than-expected margin forecast due to the higher cost of memory chips.

Lawmakers on both sides of the aisle are raking in millions from the AI boom. Get your news from a source that's not owned and controlled by oligarchs. During an October 15 debate debate between Sen. Susan Collins (R-Maine) and her Democratic challenger, Troy Jackson, a curiously apologetic heckler piped up. "Senator Collins, I'm so sorry to interrupt, but I'm terrified," the person shouted. "This is obviously one of Troy's supporters," Collins said.

Image caption, Google CEO Sundar Pichai has backed the company's massive spending on AI. Google parent Alphabet lost just over $500bn (£374bn) in value on Thursday after it rattled Wall Street with its last update of the year on its business operations. Google spooked investors so badly that its stock hit a six-month low, after it revealed its artificial intelligence (AI) summaries on search were affecting ad revenue. Microsoft and Amazon also updated investors this week, and joined Google in plans to keep spending astronomical sums of cash in an ongoing AI race. But investors appeared dismayed at the impacts these plans are having on the ability of each to keep growing their core lines of business.