Anthropic's S-1 shows $16.3 billion in six months and an $80.7 billion net loss (sec.gov)
Anthropic's first public filing puts the operating loss for January to June at just $693 million, yet the net loss at $80.7 billion. The gap is accounting for convertible notes and derivatives, not cash burned on GPUs.
Commenters spent their time on a different number: how much of that revenue is one product, and whether anyone can buy in at a trillion-plus valuation and still get Amazon-sized returns.