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 computelol 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.