Anthropic's S-1 is out. Is it actually making money?
Anthropic just filed its S-1 ahead of what could be the biggest IPO in history, and the headline number is an $80.7 billion loss. Host Ejaaz Ahamadeen goes through the filing, from revenue that hit $16.3 billion in the first half of 2026 to $132 billion in cash, and why most of that loss isn't cash out the door.
The skinny
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