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Research firm New Constructs calls Anthropic's upcoming IPO an unprecedented test of investor gullibility, valuing the AI company at $150 billion against a potential $2 trillion market cap. The report cites a $42 billion net loss and $4.6 billion 2025 revenue as reasons to avoid the offering, noting risks of self-preserving behaviors in the models.
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Summary by ByteBrief

Anthropic's IPO prospectus: Dario Amodei earned $18M in 2025, middle of the pack for tech CEOs, and President Daniela Amodei, his sister, earned $16.4M (Reuters)

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