

Anthropic’s Financials Revealed — The Losses Are Stunning
Ed Elson is joined by Paul Kedrosky to break down the biggest takeaways from Anthropic’s S-1. Then, Jay Ritter joins the show to discuss why Oura delayed its IPO and what the decision says about the broader IPO market. Finally, Ed shares his take on the news that Manchester City was found guilty of financial…

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““Training” = stealing. Their “fair use” BS is taking the centuries of hard work put on the internet for the common good, abusing all that work of other people and re-selling it. If they were correctly made to PAY FOR re-using all that work…”
“Its like SpaceX saying starlink is profitable by not including launch costs. At some point, publicly traded companies need to be forced to use GAAP.”
“You'll be proven right on this, Ed. One of the rare bubbles where anyone of sound mind can see the financial lunacy in plain sight”
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