The BriefingAnthropic’s Revenue Growth Suggests OpenAI Is Overvalued
The sooner Anthropic and OpenAI go public, the better—at least then we’d have proper financial disclosure. Both companies’ habit of updating the public on their revenue growth by references to either monthly revenue or annualized revenue, which is (loosely speaking) the last month’s revenue multiplied by 12, is getting old. And it’s not exactly what investors need to know.Take Anthropic, which revealed Monday afternoon that it was now generating annualized revenue at a $30 billion rate, more...