Anthropic估值计算方式：2025年亏损的-50倍

公司收入在2025年增长了12倍，达到近46亿美元，但运营亏损超过80亿美元。文件首次详细披露了Anthropic过去一年的快速增长情况。

Anthropic’s proposed valuation is easily calculated, as -50 times 2025 losses. The more they lose, the more they win! zerohedge @zerohedge Anthropic IPO prospectus leaked to Reuters Anthropic reported a net loss of $42 billion in 2025, ‌and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming year, according to the prospectus. The prospectus details how the company has grown sharply in the last year — while also posting wider losses. Revenue grew 12-fold in 2025 to nearly $4.6 billion, even as the company lost more than $8 billion on an operating basis, excluding writedowns of various liabilities mostly tied to previous fundraising, according to the documents, reported here for the first time. reuters.com/business/finan… 🔗 View Quoted Tweet📊 5 ⚡

This report is categorized under AITOP's "Industry" desk, focusing on US frontier AI labs and Silicon Valley technology leaders. Within our cross-regional analytical framework, it directly maps to US-China foundation model benchmarks and commercialization comparison. Key entities and technical topics under continuous tracking include Anthropic, IPO, losses, valuation.

Source attribution: curated from Gary Marcus (@GaryMarcus). Cross-source corroboration: 11 independent sources have covered this development (including rohanpaul_ai, kimmonismus, Decoder), confirming industry-wide signal strength.