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Anthropic Lost $8 Billion Last Year And Said Its AI Could Destroy Humanity
Despite a $2 trillion valuation ahead of its IPO, Anthropic hasn't been a money-spinning operation so far.
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·Excerpt
Anthropic still expects to be valued at $2 trillion.
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Anthropic's draft IPO prospectus has now started circulating in the media (after its confidential June SEC filing) and revealed some significant risks, Reuters reported. The first of those is fiscal, as the company reported an operating loss of $8 billion last year (on a $42 billion net loss), despite a 12-fold revenue increase from the year before to $4.6 billion. The other is a veritable first for a…
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