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Mar. 16, 2026

Anthropic may win in court--but lose the market

Even if Anthropic wins its legal fight against the Trump administration's national-security designation, experts say the commercial damage -- lost contracts, fleeing customers and a rattled investor base -- may prove far harder to reverse than any court ruling.

Anthropic PBC may prevail in its legal battle against the Trump administration's decision to label the company a national-security supply-chain risk, but experts say that may not save the San Francisco AI company from serious commercial damage.

Anthropic, which a few weeks ago was regarded as an AI leader and a strong candidate for a lucrative initial public offering later this year, acknowledged the problem.

The company's chief financial officer, Krishna Rao, sai...

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