Unitree Shares Slump 45% After Shanghai IPO Surge

HONG KONG/SHANGHAI — Unitree shares steadied on Tuesday after three consecutive sessions of declines, but the roughly 45% retreat from their debut peak has intensified concerns that enthusiasm for artificial intelligence and robotics may have pushed the company’s valuation far beyond its underlying business performance.

Anthropic’s IPO Bet: Why Investors Are Looking to 2028

NEW YORK, United States — Anthropic’s potential initial public offering is being valued against an unusually distant financial target, with the artificial intelligence company projecting roughly $190 billion to $200 billion in revenue for 2028, according to people familiar with its financials cited by Reuters. The forecast is far above the company’s recently disclosed $47 billion revenue run rate and highlights the scale of growth investors are being asked to price into the IPO.