Anthropic’s business plan: Build God or die trying
The Anthropic S-1 seems to have provided the financial justification for the company to spend as much as it possibly can on compute. If you are the kind of person who wonders if Anthropic is doing its level best to build a machine god while convincing Wall Street it's in the business of selling IT contracts, Anthropic has just offered a handy solution: Doing a bunch of things that look like you're trying to build the machine god is the only way to avoid going bankrupt. Forget a
Get smart on it
Anthropic's recent financial filing reveals the company is pursuing dramatic growth in computing spending as its primary business strategy to avoid bankruptcy. The company's revenue grew fourteen times in the first half of 2026 compared to the first half of 2025, reaching $16.3 billion, and when adjusted for accounting charges, showed $1.62 billion in adjusted income. However, the business plan appears to depend on dramatic recursive self-improvement occurring, which represents a significant risk if such technological advances prove impossible. The company faces intense competitive pressure and substantial fixed costs that require it to achieve the scale suggested in its financial projections in order to remain solvent.
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