Anthropic is making a massive bet that AI will transform the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters. This is a strong clear lede, but even so it falls short of expressing the true magnitude of what Anthropic represents.
This is a strong clear lede, but even so it falls short of expressing the true magnitude of what Anthropic represents.
This is not an IPO that makes sense if you consider Anthropic one among peers, even a short list placing them alongside just (say) OpenAI, Google, and Meta.
It only makes sense if you believe Anthropic is on the cusp of winning a race to create a godlike super intelligence, and that first godlike super intelligence will take over the world.
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Anthropic is making a massive bet that AI will transform the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters. This is a strong clear lede, but even so it falls short of expressing the true magnitude of what Anthropic represents. To wit, not that "AI" as a field will prove more profoundly transformational than industrialization, electricity, and the Internet, but that Anthropic alone will.
They'll seed stories to the press that they're now profitable, using accounting methods they won't define (and wouldn't pass muster for a public company) but won't make such claims in writing. Revenue grew 12-fold in 2025 to nearly $4.6 billion, even as the company lost more than $8 billion on an operating basis, excludi...
If you believe that they're profitable now you're as crazy as they are.
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