Anthropic’s $380B Valuation Spurs AI-Driven Sell-Offs, But Investors Lack Proxy

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Investors lack direct public exposure to Anthropic, valued at $380B post-money, despite its AI tools sparking sell-offs in software, legal, wealth management and logistics stocks. OpenAI-linked baskets are up over 40% year-to-date and Alphabet-linked shares are up nearly 190%, versus a 17% S&P 500 gain.

1. Investors Frustrated by Lack of Anthropic Proxies

There are no publicly traded pure-play Anthropic investments, leaving equity traders unable to directly participate in the $380B valued startup despite its growing influence in AI markets.

2. AI-Linked Basket Performance

A basket of OpenAI-connected stocks has gained over 40% since the start of last year, while a basket tracking Alphabet-linked shares has surged nearly 190%, both vastly outperforming the 17% S&P 500 gain.

3. Anthropic’s Funding and Partnerships

In its latest funding round, Anthropic’s post-money valuation reached $380B, and the company now runs its Claude model on chips from Amazon, Alphabet and Nvidia across AWS, Google Cloud and Azure platforms.

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