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Anthropic needs to bring in Amazon-style earnings to justify its $2 trillion valuation—but it’s barely turned a profit - Fortune

Anthropic needs to bring in Amazon-style earnings to justify its $2 trillion valuation—but it’s barely turned a profit - Fortune

Investors are hoping for a $2 trillion listing in October backed by one of the fastest revenue ramps anyone has ever seen on a company that has yet to report an annual profit. That might bode well for OpenAI.

Anthropic investors have been kicking the tires on what could be the most valuable initial public offering in history. A handful of the frontier labs backers confirmed to the Financial Timesthis week… [+8504 chars]

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