Anthropic Opened Its Books. What Is It Really Worth?

Join Revolut and get $20 here: https://get.revolut.com/z4lF/patrick Offer expires 6 months from 10/31/2026 Exclusions apply. $20 bonus paid by Revolut subject to the terms and conditions found: https://www.revolut.com/en-US/legal/partner-sign-up-bonus/ Anthropic — the maker of the Claude AI models — has filed its S-1 prospectus for what could be the largest IPO in history, at a valuation somewhere between one and a half and two trillion dollars. In this video Patrick Boyle goes through the filing in detail: the eighty-billion-dollar “loss” that isn’t really a loss, the genuine operating profit