Is the AI venture capital circle insane, or just enjoying the last bubble? Take a look at some leaked data from overseas: The IPO documents leaked from AI giant Anthropic are truly outrageous: In 2025: Projected revenue of $4.6 billion, but a net loss of $42 billion! In Q2 2026: Revenue of $11.5 billion, yet planned compute expenditures are set at $518 billion?! And their IPO valuation target? $2 trillion. Yet they’re set to burn through hundreds of billions in a single year.
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