Anthropic is planning an IPO and filed their draft S-1 prospectus in June! They were circulating that draft S-1 around their investors last month. And it leaked to Reuters, who wrote it up. [Reuter…
  • bigbangdangler ( bigbangdangler@reddthat.com ) English
    18·
    17 days ago

    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.