Dan Ives: Anthropic’s growth is ‘just the tip of the spear’ for AI rally Analyst Dan Ives believes Anthropic’s near $1 trillion valuation signifies the beginning of a major AI-driven rally, with the US currently leading China in technology. He predicts the Nasdaq could reach 30,000 points by 2027, fueled by mega-IPOs from companies like SpaceX, Anthropic, and OpenAI. Conversely, other analysts caution that these large IPOs might signal a market top, reminiscent of the late-1990s dot-com bubble.

• Anthropic is nearing a $1 trillion valuation after a successful funding round.
• Analyst Dan Ives sees this as the start of a significant AI rally, with the US leading in technology.
• Ives forecasts the Nasdaq to exceed 30,000 points by 2027.
• Mega-IPOs from SpaceX, Anthropic, and OpenAI are anticipated in 2026.
• Some analysts warn that these large IPOs could indicate a market top, comparing it to the dot-com bubble.
• Ives, however, believes the market resembles 1997 rather than 1999 in terms of bubble risk.