Inside Anthropic's massive — and wild — IPO prospectus

Anthropic's IPO prospectus reveals it owes almost $650 billion for computing, generates eye-popping revenue per employee, and warns investors its product poses existential risks to humanity. Theory Ventures' Tomasz Tunguz noted reaching a $2 trillion valuation would require 50% growth, citing both the company's high-margin growth and its $637 billion computing costs as key factors.