Analysis: Anthropic lock-up expiration could trigger a chain reaction pullback in the AI sector

TechFlow reported that on November 11, Jack Selby, head of venture capital firm Copper Sky, stated that Anthropic's highly anticipated large-scale IPO could mark the peak of the AI investment boom; once the initial lock-up period ends, it may trigger a chain reaction of market pullbacks. "If Anthropic's IPO underperforms, it could very well become a key factor in a future massive correction in the AI market,"

Selby told media outlets on Wednesday. "Just imagine what would happen after the lock-up period expires if this most anticipated AI company posts an IPO performance far below its expected valuation." He once again questioned the notion that "AI demand is infinite." Regarding whether to invest in Asia's AI sector, Selby said that if conditions permit, he would "go long on Chinese AI at scale." This is because Anthropic cannot claim that all its operations must rely on US domestic models, leaving an arbitrage opportunity for customers to shift toward models from other countries.