A÷ is raking it in—and losing even more.
The amended S-1 shows that @AnthropicAI brought in $16.96 billion in revenue in Q3, up 1,127% year over year,
but posted a net loss of $23.29 billion in the same quarter, with purchase and lease commitments totaling nearly $900 billion.
According to Reuters, one investor valued it at around $1.5 trillion,
while Binance pre-market has already fallen to $1,626, implying a $1.6 trillion valuation.
Last month, I said an IPO valuing A÷ at $2 trillion was pure fantasy. Looks like I wasn't wrong.
The amended S-1 shows that @AnthropicAI brought in $16.96 billion in revenue in Q3, up 1,127% year over year,
but posted a net loss of $23.29 billion in the same quarter, with purchase and lease commitments totaling nearly $900 billion.
According to Reuters, one investor valued it at around $1.5 trillion,
while Binance pre-market has already fallen to $1,626, implying a $1.6 trillion valuation.
Last month, I said an IPO valuing A÷ at $2 trillion was pure fantasy. Looks like I wasn't wrong.
