Anthropic’s IPO Looks Like a Speculative Disaster in the Making: Why I’m Staying Away The Most Anticipated IPO in Decades Anthropic is filing for an IPO at a reported valuation near $2 trillion while disclosing some frightening financials [1]. A leaked prospectus reportedly shows a $42 billion net loss, $518 billion in unfunded spending commitments, and only $20 billion in cash [1]. Don’t take this as investment advice, but my position is simple: I would not put a dollar into this IPO, because I believe it is a wealth-destruction event dressed up as a tech triumph. The market is being…
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OpenAI scrapped the planned release of its next-generation model, GPT-6.1 Astra, over safety concerns raised during internal testing, according to…
Anthropic has told potential investors that its advanced artificial intelligence (AI) could cause “catastrophic or existential risks to humanity,” according…
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