'Not good enough. It's over': The AI doomers are going off on Anthropic's revenue figures

Nearly $17 billion in quarterly revenue is good, right? Not if you're the most hotly anticipated IPO candidate in recent market history, apparently. Anthropic, which is gearing up for what's expected to be a historic public offering, told investors this week that it made $16.8 billion last quarter. That's a significant jump from the prior three-month period, but slower than the growth rate from the first quarter to the second— and AI doomsayers dooming harder than ever. Market researcher publication Geiger Capital shared a graphic of Anthopic's revenue run-rate on X, stating, "Not good enough. It's over." Other prominent AI skeptics shared similar views.

Also reported by Business Insider.

First reported by Insider. This page is a short excerpt; the full text is theirs.