Anthropic's action needs to be fast, as recently another blow to their revenue occurred when Microsoft and Uber decided to cut their contracts with Anthropic. The bottom line was that AI was supposed to reflect a change in the labour market versus savings. Hence this has escalated to be more intense spending rather😭

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Anthropic secretly filed its IPO prospectus to compete with OpenAI for a head start.

Anthropic has secretly filed its IPO prospectus with the SEC, aiming to become the largest AI IPO. Valued at $965 billion with annualized revenue of $47 billion, Anthropic seeks liquidity and resources for chip procurement and talent acquisition. This move positions it ahead of competitor OpenAI in the race to go public, leveraging a first-mover advantage to dominate market narrative despite potential disclosure risks.

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