Anthropic IPO: What should investors consider when valuing the AI company? Aswath Damodaran explains

Anthropic, an AI company, is set to go public in mid-November, with reported revenues of $16.3 billion. However, the company has a net loss of over $80 billion. Valuation expert Aswath Damodaran advises investors to look beyond IPO metrics, which can be heavily influenced by market sentiment, and consider the company's evolving business model.