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Comment by lumost

11 hours ago

These companies are burning enough cash that they will need to be public.

We’re about to have 3 of the worlds’s largest corporations be massively in the red.

6 comments

lumost

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czhu12  8 hours ago

Anthropic said they’ll be profitable by q2 of this year.

https://www.ft.com/content/a67248e7-f819-4dba-b0f7-3847df0a7...

  • lelanthran  6 hours ago

    In my mind, if they believed that they would IPO now, and not still be courting investors (which I believe they are still doing).

    • lumost  2 hours ago

      At the size of IPO courting investors is inevitable. You need to make sure that there is enough money available.