Because Claude loses money per token, it is most profitable when 0 people are using it, therefore making Anthropic's balance sheet look better for the IPO
Because Claude loses money per token, it is most profitable when 0 people are using it, therefore making Anthropic's balance sheet look better for the IPO
In order to break even, Anthropic would need to make 400 billion a year for 5 years (they made 4.6 this year). THE MATH DOES NOT MAKE SENSE.
www.reuters.com/business/fin...
In order to break even, Anthropic would need to make 400 billion a year for 5 years (they made 4.6 this year). THE MATH DOES NOT MAKE SENSE.
www.reuters.com/business/fin...
…
Executives I've been talking to over at Anthropic and OpenAI are very much aware of this pricing pressure.
…
The IPO window might be right now” - CNBC
…
Executives I've been talking to over at Anthropic and OpenAI are very much aware of this pricing pressure.
…
The IPO window might be right now” - CNBC
They are so fuckin far from profitability.
They are so fuckin far from profitability.
Nov3, 2025: IPO genie presale launch
ipogenie.ai
****************
90 #token #presale in total
#Crypto initial offerings calendar
Nov3, 2025: IPO genie presale launch
ipogenie.ai
****************
90 #token #presale in total
#Crypto initial offerings calendar
>Raising prices
>Token cost causes customer churn
>Float IPO
>Customer churn shook investor confidence
>Hold off on launching IPO
These are not the actions of a company that will very surely definitely be profitable by 2030; this is flailing.
>Raising prices
>Token cost causes customer churn
>Float IPO
>Customer churn shook investor confidence
>Hold off on launching IPO
These are not the actions of a company that will very surely definitely be profitable by 2030; this is flailing.
New essay compiling some of the great research around AI and the labor market, the whole token-maxxing thing, who gets to be wealthy in the age of AI, what a job means in a time of enormous change, and what to do about all of it. Enjoy!
New essay compiling some of the great research around AI and the labor market, the whole token-maxxing thing, who gets to be wealthy in the age of AI, what a job means in a time of enormous change, and what to do about all of it. Enjoy!
The bottom bars are Grok token demand which has been approximately 0 since May 16th.
This is Elon's $28.5 trillion TAM.
0 x "Addressable" = 0
The bottom bars are Grok token demand which has been approximately 0 since May 16th.
This is Elon's $28.5 trillion TAM.
0 x "Addressable" = 0
This is terrible timing for two near-IPO companies that cannot afford to have their growth slow.
www.wheresyoured.at/brokenomics/
This is terrible timing for two near-IPO companies that cannot afford to have their growth slow.
www.wheresyoured.at/brokenomics/
...AI Token pricing & supply at the heart of pre-IPO tariff tussles michaelparekh.substack.com/p/ai-its-bus... @OpenAI @AnthropicAI
...AI Token pricing & supply at the heart of pre-IPO tariff tussles michaelparekh.substack.com/p/ai-its-bus... @OpenAI @AnthropicAI
Instead of tons of high quality software, we're drowning in a new era of shovelware. And that's just the beginning of the dangers.
Asia equities ↘️ (KOSPI -4.2%)
US and Europe equity futures ➡️
Oil small ↘️
Precious Metals small ↗️
Bond Yields ➡️
FX ➡️
Asia equities ↘️ (KOSPI -4.2%)
US and Europe equity futures ➡️
Oil small ↘️
Precious Metals small ↗️
Bond Yields ➡️
FX ➡️
As Anthropic, OpenAI, et al IPO, they raise their token prices by 1-2 orders of magnitude.
AI stops being cheap but by that point a lot of key workers have left the industry for good. And anyone trying to re-hire humans is going to be running into stiff competitioon.
/3
As Anthropic, OpenAI, et al IPO, they raise their token prices by 1-2 orders of magnitude.
AI stops being cheap but by that point a lot of key workers have left the industry for good. And anyone trying to re-hire humans is going to be running into stiff competitioon.
/3