Anthropic IPO buyers see valuation as low as $1.1T(bloomberg.com)
312 points by dgellow 5 days ago | 614 comments
tl;dr: Summary not available
HN Discussion:
  • ↑Local open-source models now rival Claude, threatening Anthropic's subscription business
  • ↑Anthropic's subscription pricing is unsustainably subsidized relative to actual compute costs
  • ↑The IPO faces serious headwinds from lockup schedules and potential political/regulatory pushback
  • ~Even the reduced $1.1T valuation is absurdly high and reflects broken value calibration
  • ↓AI's unprecedented revenue growth justifies the massive valuation despite skepticism