Research firm calls Anthropic's IPO 'unprecedented test of investor gullibility'

m463 · hn · 2026-10-12

CNBC reports that an analyst at a research firm has slammed Anthropic's upcoming IPO, calling it 'the most ridiculous IPO of the year' and an 'unprecedented test of investor gullibility.' The remarks sharpen the public divide over AI valuations. The Hacker News thread digs into AI revenue quality, valuation multiples, and comparisons with the dot-com bubble.

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