Just say no to Anthropic’s IPO

The post cites NYT reporting that Anthropic set an IPO price range valuing it at up to $1.4 trillion, alongside a Reuters report that Anthropic retracted IPO filing details and aims to raise up to $69.3 billion. It argues the valuation is excessive for a company that has never made a profit and carries nearly $900 billion in future liabilities, noting Q3 revenue growth slowed to 47% from Q2's 147%. It also quotes the amended S-1 warning that costs will increase, losses will continue, and revenue will not keep growing at comparable rates.