Leaked Anthropic S-1 Draft Reveals $16 Billion Revenue Surge Alongside $450 Billion in Compute Commitments

A leaked S-1 registration draft for Anthropic reportedly shows the company's revenue surging from $1 billion to $16 billion in a single year, while also disclosing approximately $450 billion in outstanding compute commitments.
Addressing the figures and a projected $2 trillion valuation target, Kristin Kelly of The Wall Street Skinny noted that the core question facing the company is not its headline valuation, but whether Anthropic's capital-intensive business model positions it to become the next Amazon or the next WeWork.