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What is Anthropic really worth?
Blain’s Morning Porridge October 27th, 2026
“All that glitters is not gold…”
AI is changing the world. It’s the greatest new, new thing ever… since the last new, new thing and till the next new, new thing emerges. Given all the risks around business adoption, growth, the bursting bubble in NeoCloud debt, and AI competition, can you really justify a $1.5 trillion valuation for Anthropic, a firm that recorded a $81 bln loss over the first half of this year!
Key Takeaways
AI is the future. Anthropic looks like a major technology winner – but not at any price.. and $1.5 trillion looks a product…
The skinny
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