AI & Enterprise
Anthropic declares unauthorised share trades void, jolting private AI stock market
Generative AI startup Anthropic said it will void all over-the-counter trades of its shares conducted without explicit board approval and will not record them in company books. The policy also covers beneficial-interest deals, forwards, SPVs and tokenised securities structures. Some trades on Forge Global and Hiive and a list of unapproved intermediaries were cited. The move comes as implied off-market valuations have risen to around $1 trillion, lifting investor anxiety.
