logoalt Hacker News

surgical_fire • today at 9:25 AM • 0 replies • view on HN

> Wait, Anthropic has $112 billion in cash right now and generates about $70B

Anthropic operates at a loss. They lose money.

That is what they keep having to raise money and are desperate to IPO as soon as possible.

> Why do you say they're running out of cash? Can we see your math?

My brother in Christ, you can't tell the difference between revenue and profit, and think that just because their revenue (not profits) grew 10x that they can grow now a "measly" 3x.

They might have enough money (ot whatever they consider to be equivalent) in hand to keep being unprofitable for a bit, but they alao have something in between half a trillion and a trillion of contracts for compute in the next few years.