Anthropic's eye-popping growth numbers may be less about momentum and more about IPO theater.
Gavin Baker, managing partner and CIO at Atreides Management, suspects the company's recent flood of growth metrics is really pre-IPO roadshow choreography. The $65 billion ARR figure could be just the opening act — Anthropic apparently wants to show investors even bigger numbers once more compute capacity comes online in July, August, and September.
Baker expects OpenAI to follow suit, releasing fresh growth data to argue it's winning back market share at a faster clip.
Both companies have already filed confidentially for IPOs, and Baker sees them gearing up for a pre-IPO "data war" over revenue, user count, and market share.
https://twitter.com/GavinSBaker/status/2089729629695234462