Anthropic’s IPO Bet: Can a Frontier AI Lab Convince Wall Street That AGI Is Worth Trillions?
Reading Time: 5 minutesAnthropic’s S-1 IPO filing reveals a company that has flipped from negative 94 percent to positive 85 percent gross margins on inference in two years, while targeting a valuation of $1.5 to $2 trillion. The filing is ultimately a bet that AGI-driven automation of white-collar work will arrive fast enough to justify one of the largest public market debuts in history.