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@dgerard@awful.systems

2026-10-01 22:03 UTC

Anthropic IPO filing: the disaster in numbers when you can’t fiddle the numbers any more www.youtube.com/watch?v=20VYK0-Q-3o&list=UU9rJrMV… - video …libsyn.com/20261001-anthropic-ipo-filing-the-dis… - podcast time: 6 min 56 sec

Replies (2)

  • @bigbangdangler@reddthat.com 2026-10-01 23:22

    It cannot be said enough: AI has never, ever made money. It’s excited people who don’t know how it works, are gullible enough to believe it can replace all of their labor, and already had a lot of money. The investor capital has been swirling around like the ouroboros for years now. Big numbers in the news ≠ profit.

    Open ##4909101

  • @slazer2au@lemmy.world 2026-10-01 22:57

    Anthropic’s money situation is as bad as we thought. Actual revenue in 2025 was $4.6 billion. Just the operating expenses were $12.65 billion, for an operating loss of $8 billion. They spent $2.75 to make each dollar that came in. Oof.

    Open ##4910070