{"id":595478,"date":"2026-08-17T00:08:11","date_gmt":"2026-08-17T00:08:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/595478\/"},"modified":"2026-08-17T00:08:11","modified_gmt":"2026-08-17T00:08:11","slug":"the-hyping-of-anthropics-ipo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/595478\/","title":{"rendered":"The hyping of Anthropic\u2019s IPO"},"content":{"rendered":"

\"\"<\/a>Sources say<\/p>\n

I am watching something fascinating unfolding in real time. Anthropic is in an SEC-monitored \u201cquiet period<\/a>\u201d before its IPO (expected sometime in the fall), somewhat limiting its communications (though not entirely; Amodei discussed governance matters<\/a> on X yesterday, a rare appearance there for him, and the company continues to report on safety issues and so on). But that hasn\u2019t stopped leakers and generative AI bulls from trying to convince audiences that Anthropic\u2019s finances are spectacular. <\/p>\n

Aside from the Friday Reuters report above<\/a> in which Anthropic is said to be \u201cprojecting 2028 \u200crevenue of roughly $190 billion to $200 billion\u201d, based of course on undisclosed math, \u201caccording to two [unnamed] people familiar with the company’s financials\u201d, we also heard yesterday about how amazing their Q2<\/a> was (further details below), by way of documents that were leaked to Bloomberg News<\/a>. Anthropic may be \u201cquiet\u201d, but its fans are not. <\/p>\n

Moreover, in a Friday All-In podcast interview, Gavin Baker claimed that Anthropic was making money on every token. A couple weeks earlier the prominent podcaster Dwarkesh Patel projected (in a claim he partly walked back, see below) that \u201cAnthropic likely ends the year with ~$100-150B of revenue\u201d<\/p>\n

Below, I dissect these claims and explain what\u2019s been left out. <\/p>\n","protected":false},"excerpt":{"rendered":"Sources say I am watching something fascinating unfolding in real time. Anthropic is in an SEC-monitored \u201cquiet period\u201d…\n","protected":false},"author":2,"featured_media":595479,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,80],"class_list":["post-595478","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ie","tag-ireland","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/595478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=595478"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/595478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/595479"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=595478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=595478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=595478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}