Anthropic will be 'most ridiculous IPO' of year, analyst says
www.cnbc.com
Anthropic reportedly plans to list on the Nasdaq before Thanksgiving, and one bearish advisory firm suggests that investors sit this one out.

Anthropic’s mounting operating losses coupled with emerging competition from a plethora of open-source models led New Constructs to conclude that, “We don’t think Anthropic has a viable business.”

  • mrmaplebar@fedia.io
    0·
    4 days ago

    There is genuine demand for Nvidia’d hardware, and probably always will be as parallel processesing and matrix math are fundamentally useful.

    At the same time, the rate and level of growth that Nvidia has seen during the AI bubble is certainly not sustainable. If and when the AI companies fail, Nvidia is going to take a big hit too.