Anthropic's $2T IPO Has a $518B Problem

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Anthropic's $2T IPO Has a $518B Problem 📖 Read the full version with charts and embedded sources on ComputeLeap → Anthropic's leaked IPO prospectus makes the case for a $2 trillion valuation — the largest in IPO history — on the back of revenue that grew twelvefold to $4.6 billion in 2025 and hit $11.5 billion in Q2 2026 alone. The headline numbers are staggering. But buried inside the 261-page document is a five-word admission that should make every investor pause: enterprises can walk at any time. The prospectus warns that "many of its largest customers are not tied into long-term contracts

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ProgrammingDEV Community ·

My Friend kunal Kept Getting OAs but No Interviews. So I Built PlaceTrace.

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