alt Hacker News> reportedly in the low single-digit billions at best
They are expected to hit 9 billion by end of year. Meaning the valuation multiple is only 30x. Which is still steep but at that growth rate not totally unreasonable.
https://techcrunch.com/2025/11/04/anthropic-expects-b2b-dema...
30 for a company that doesn't pay anything and may never pay off at all is crazy in my book, so as a best case scenario it's an obvious hard pass.