They aren't even close to a 1T company, they're valued at <400bb and that's at like a 20x-30x multiple. They can probably raise money at a higher valuation but its literally just value based on hype, not revenue.

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areoform 4 hours ago | parent | next [-]

https://www.businessinsider.com/anthropic-trillion-dollar-va...

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KellyCriterion 3 hours ago | parent | prev [-]

Check the secondaries market ;-)

	▲	dakolli 28 minutes ago \| parent [-]
		fomo/hype, not revenue. Google's AI business is a profitable business model and training to inference is vertically integrated. Their AI biz did not add 1T to their market cap, despite their much more advantageous position. A 1T valuation for Anthropic makes absolutely no sense. It also makes no sense to me there are people qualified to participate in these secondary markets who are that stupid, but here we are.