Anthropic posted a 45% revenue gain between Q2 and Q3, from $11B to $16B. If they can keep growing at that rate, the annual losses are eclipsed in short order.
Only question is whether they can actually do that or they’re headed for a soft ceiling. The $80B in loses is a product of their enormous capex budget, which won’t be an issue forever.
Full S-1 on Q3 losses and training costs needs to get published. Quarterly revenue growth rate was half of Q2’s. Not good if it keeps halving, while their committed compute costs rising exponentially.
Key figures have yet to be leaked on S-1, which should be released fully soon. Structural losses and cash burn may be much higher than hopes for growth.
Anthropic posted a 45% revenue gain between Q2 and Q3, from $11B to $16B. If they can keep growing at that rate, the annual losses are eclipsed in short order.
Only question is whether they can actually do that or they’re headed for a soft ceiling. The $80B in loses is a product of their enormous capex budget, which won’t be an issue forever.
Currently they’re winning so investors don’t care about the losses.
It’s the theory of the growth investment. Race to first place, monopolize industry, then extract the revenue.
Everyone from
MonopolyMicrosoft to Google to Facebook to Palantir have successfully capitalized on this strategyMonopoly the game?
Yes, exactly
Full S-1 on Q3 losses and training costs needs to get published. Quarterly revenue growth rate was half of Q2’s. Not good if it keeps halving, while their committed compute costs rising exponentially.
They went from $4.7B in Q1 to $11.6B in Q2 to $16.8B in Q3
I’m hard pressed to call that bad news, no matter how you want to slice it.
If they only see $3B in Q4? Yeah, I’m sure they’ll be crying about it. From $4B to $19B in a year. What’s a disastrous business model.
Key figures have yet to be leaked on S-1, which should be released fully soon. Structural losses and cash burn may be much higher than hopes for growth.