What Anthropic’s IPO filing reveals about tech and power

Anthropic has launched its historic IPO filing ahead of its blockbuster stock market debut. It offers the first glimpse inside the company’s finances, including both the mountain of money it’s sitting on and spending. So what do the numbers tell us? Is Anthropic really worth $2 trillion?

Beyond the finances, the S-1 offers a rare look inside Anthropic and the unusual power structures that govern it. Danny and Katie discuss what this tells us about the sector more broadly and question whether tech bosses are becoming “emperors” of their own companies.

Plus, both Meta and SpaceX have also announced they’re raising tens of billions of dollars to support AI build-outs. So, who will win the AI race?

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Read more: Anthropic: What you need to know about the high-stakes IPO

Get in touch: techpod@thetimes.co.uk

Presenters:

Katie Prescott, Technology Business Editor, The Times

Danny Fortson, US West Coast Correspondent, The Sunday Times

Producer: Marnie Duke

Executive Producer: Priyanka Deladia

Image: Getty