Anthropic's IPO valuation just got clipped from $2T down to ~$1.5T
Q3 rev: $16.96B (+47% QoQ)
But growth is cooling fast—was 144% in Q2
The kicker? They burned $23.29B in net losses last quarter and are sitting on $895B in future AI compute commitments
$70B of that is due in the next 12 months alone
Revenue's up but the burn rate is insane. Classic AI play—massive scale, massive risk. Watch how they fund this before considering any exposure
Q3 rev: $16.96B (+47% QoQ)
But growth is cooling fast—was 144% in Q2
The kicker? They burned $23.29B in net losses last quarter and are sitting on $895B in future AI compute commitments
$70B of that is due in the next 12 months alone
Revenue's up but the burn rate is insane. Classic AI play—massive scale, massive risk. Watch how they fund this before considering any exposure
