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The prospectus just priced the frontier. anthropic's ipo filing shows $42b in cumulative losses and…

00:48 ISTby Yethikrishna R

the prospectus just priced the frontier. anthropic's ipo filing shows $42b in cumulative losses and reports a valuation target near $2 trillion, with the s-1 warning that compute and cloud contracts stay rigid even if the business underperforms. the market is being asked to fund a loss curve, not a product.

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