After the launch of Kimi K3, Anthropic anticipates that its valuation will drop by $126.4 billion.

According to TrendForce Beating Monitor, following the release of Kimi K3, the market has started to lower Anthropic's IPO valuation expectations.

Stock Analysis, based on data from the pre-IPO equity trading platform Hiive, estimates that Anthropic's current implied valuation is around $838.6 billion. This is 13.1% lower than the company's $965 billion valuation during its May fundraising, a difference of approximately $126.4 billion.

Similar changes have been observed on other trading platforms. The Guardian reported that in the days following Kimi K3's release, IG platform's bet on Anthropic's IPO valuation decreased by $232 billion.