Dan Ives: Anthropic's growth is 'just the tip of the sphere' for AI rally

Wedbush analyst Dan Ives said Anthropic's valuation is still well below its peak, underscoring continued optimism around the AI company's private-market value. He also characterized the coming wave of mega-IPOs as a historic moment for Wall Street, pointing to a potentially significant rebound in capital markets activity.

Analysis

Wedbush analyst Dan Ives said Anthropic's valuation is still well below its peak, underscoring continued optimism around the AI company's private-market value. He also characterized the coming wave of mega-IPOs as a historic moment for Wall Street, pointing to a potentially significant rebound in capital markets activity.