Reading Anthropic's S1 Like a Value Investor
A valuation sliding from $2 trillion toward $1.5 trillion, $600 billion-plus of compute commitments, and junior debt at 10%. What would you have to believe?
A valuation sliding from $2 trillion toward $1.5 trillion, $600 billion-plus of compute commitments, and junior debt at 10%. What would you have to believe?