In a new draft prospectus viewed by the Wall Street Journal, Anthropic discloses an $80.7 billion net loss for the first half of 2026 and a long list of risk factors. https://www.wsj.com/tech/ai/anthropic-revenue-growth-ipo-accaf0f1?st=YKUo1r
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@newsguyusa
If you take away a lot of zeros, my business went through a similar pattern. Which is why I had to close down my business and do something else that did not involve losing money.
@Dougfir @newsguyusa More zeros are good, like big soft cushions that protect you from those negative signs.
@joelvanderwerf @newsguyusa
That must be one of those accounting tricks not available to little people like me. 😅
@Dougfir
It's called too big to fail.
Till it fails.
For the moment it's kept alive because it allows the IT industry to claim they are not mature yet, we are still a growth industry.
But at some point somebody will point is that the emperor will get a cold if he will continue to run around naked.
@joelvanderwerf @newsguyusa
@newsguyusa This is way cool. Back in my day, being a billion dollar company meant that you were actually making a billion dollars, not losing it.