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If I was selling dollars for 50c and Nvidia, alphabet and Amazon giving me dollars for a piece of my company, my revenue growth would be the same. That’s what Anthropic is doing.
That's no longer the case though anymore according to the S-1.

  2025: $0.50 revenue per $1.00 of compute
  2026: $1.82 revenue per $1.00 of compute
lol yeah if you completely discount the actual amount they paid for that compute which is hidden in the 70Bn of debt which is waved away as a non operating loss, sure.
That's per inference compute right? Or does it also include training compute?
It’s per unit of bullshit. No one knows what the true cost of Anthropic’s compute is because of circular financing.