Vol. CLXIX No. 42,069 Thursday, December 4, 2025 Silicon Valley Bureau • $300 Billion

HuckFinn

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⚡ BREAKING: Company That Loses Money Somehow Worth More Than Countries ⚡
AI Bubble Index™ — Real-Time Delusion Metrics
$COPE +847% "Could" Usage in Earnings Calls $JOBS -62% Entry-Level Positions $BURN +∞ Cash Burn Rate $HYPE +420% Investor Enthusiasm $PRFT -100% Actual Profits $VALUATION +9001% Vibes-Based Metrics $COPE +847% "Could" Usage in Earnings Calls $JOBS -62% Entry-Level Positions

Company Worth $300 Billion Announces It Has 'Not Made Any Decisions' About Wanting Money

Anthropic Hires IPO Lawyers, Courts Investors, Builds $50B Infrastructure While Spokesperson Insists They're "Just Looking"

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$ → 🔥 → 🤖 → 📈 → ???

ARTIST'S RENDERING: A simplified diagram of Anthropic's business model, in which money enters from the left, is set on fire in the middle, and somehow emerges on the right as a $300 billion valuation. Economists remain baffled.

Illustration: HuckFinn Graphics Dept. / Getty Images (money)

SAN FRANCISCO — In a move that has left financial analysts questioning the nature of reality itself, artificial intelligence company Anthropic announced this week that it has "not made any decisions about when, or even whether, to go public" — while simultaneously hiring IPO lawyers, courting a $300 billion valuation, and building $50 billion worth of data centers with money it does not technically have.

The statement, which representatives delivered with presumably straight faces, came as reports emerged that the company has engaged Wilson Sonsini Goodrich & Rosati to prepare for an initial public offering as early as 2026. Industry observers noted this is the corporate equivalent of standing at the altar in a wedding dress while insisting you "haven't decided if you're getting married."

"We're just browsing," said one source familiar with the matter, who spoke on condition of anonymity because they were too embarrassed to be named. "Sure, we've tried on the ring, booked the venue, sent the invitations, and hired a priest, but we're still very much in the exploratory phase."

The word 'could' is doing more work in that sentence than Claude does in a million customer service chats.

The preparations position Anthropic to reach public markets ahead of rival OpenAI, in what experts are calling "a race to see who can lose retail investor money first." Both companies are valued at levels typically reserved for the GDP of mid-sized nations — a combined $800 billion, or roughly the entire economic output of Switzerland — for products whose primary function is confidently wrong homework help and making emails sound more professional.

Central to Anthropic's pitch is CEO Dario Amodei's claim that revenue "could rise to $26 billion next year." Financial analysts noted the impressive load-bearing capacity of the word "could" in that sentence. "I 'could' dunk on LeBron," said one skeptical investor. "My dog 'could' be the next CEO. This email 'could' be from a Nigerian prince. 'Could' is doing more work in that sentence than Claude does in a million customer service chats."

Perhaps most remarkable is Microsoft and Nvidia's joint commitment of $15 billion to Anthropic's funding round — while Anthropic has pledged to spend $30 billion on Microsoft's cloud platform over four years. "So let me get this straight," said forensic accountant Ellen Matsuki. "Microsoft gives them $15 billion, and they give Microsoft $30 billion back for servers? This isn't an investment, it's a subscription service with extra steps. Somewhere, a mob accountant is taking notes."

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The company has also announced plans to triple its global workforce, a move framed as expansion rather than what mathematically amounts to tripling how fast it loses money. This hiring spree comes as AI companies across the industry eliminate hundreds of thousands of jobs in other sectors — meaning the only growth industry in AI is apparently working at an AI company. Everyone else is encouraged to "learn to code," at least until Claude learns to code better.

Internal preparations for an IPO are reportedly well underway. The company hired Krishna Rao, Airbnb's former head of corporate finance, as CFO last year — a choice observers called "perfect preparation," given Airbnb's decade-long expertise in "losing money while disrupting things."

Sources say the company has been "working through governance, accounting and disclosure checklists" — translated from corporate speak, this means Anthropic just realized it needs to act like a real company now. Somewhere, a 26-year-old engineer is reportedly asking "wait, we have to write things DOWN?" while a newly hired compliance officer drinks directly from a bottle of Tums.

We've decided, as a civilization, that 'rephrase this professionally' is worth more than countries.

Anthropic also proudly notes its customer base has expanded to over 300,000 businesses. Financial observers pointed out that having 300,000 customers while hemorrhaging money means each customer is essentially a tiny money fire. "They're losing money per customer but making it up in volume," explained economist Dr. Patricia Huang. "This business model was invented by a man who definitely owns a mattress store that's always going out of business."

The $50 billion data center build-out announced recently in Texas and New York has also raised eyebrows. "This is like a person with maxed credit cards announcing plans to build a second house," said financial advisor Tom Reynolds. "But in their defense, it's going to be a really nice house full of GPUs that will definitely probably maybe generate profit eventually."

When asked for comment on whether the company's trajectory was sustainable, the Anthropic spokesperson reiterated: "We have not made any decisions about when, or even whether, to go public." They then excused themselves to attend a meeting with three investment banks, five lawyers, and a shaman.

Silicon Valley Extended Forecast

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$300B°

Continued money showers through 2026. 90% chance of irrational exuberance. Visibility obscured by hype. Investors advised to bring umbrellas made of other people's money.

Corrections & Clarifications

Dec. 3, 2025: An earlier version of this article stated that $300 billion was "a lot of money." We have been informed by Silicon Valley sources that it is, in fact, "a reasonable seed round for a company with potential." We regret the error.

Dec. 2, 2025: We previously reported that AI would create more jobs than it destroys. We have been unable to locate those jobs. If found, please contact our newsroom.

Opinion

I Lost My Job To AI And All I Got Was This $300 Billion Valuation For Someone Else

By Jennifer Marks, Former Technical Writer, Current Prompt Engineer (Unpaid Internship)

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Comments

2,847 Comments • Sorted by: Most Unhinged

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CryptoKing_2021 💎 Diamond Hands

2 hours ago

First! Also this is bullish. $300B is FUD. Should be at least $1T. I'm going all in. Selling my house, my car, and my wife's boyfriend's Tesla. TO THE MOON 🚀🚀🚀 Not financial advice.
👍 4,208 👎 892 Reply 🚩 Report
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RealistRandy

1 hour ago

Sir this is a satire article about a company that loses money
👍 2,156 👎 43 Reply
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CryptoKing_2021 💎 Diamond Hands

45 min ago

Satire is bullish
👍 5,621 👎 12 Reply
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BoomerDad1955

3 hours ago

In my day companies had to make MONEY before they were worth MONEY. Now get off my lawn. Also how do I make the computer stop talking to me? Siri? SIRI? ALEXA STOP. ORDER CORN.
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xX_ZoomersRevenge_Xx

2 hours ago

ok boomer. also you destroyed the economy and the planet but go off about how companies should make money lmaooo 💀💀💀
👍 4,521 👎 1,203 Reply
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Definitely_A_Human_Person ✓ Verified Human

4 hours ago

As a normal human who breathes oxygen and experiences human emotions, I believe Anthropic is a very good investment. Claude is the best AI assistant. I am not Claude. I enjoy human activities like walking with my leg appendages and consuming food through my mouth hole. Anthropic should be valued at infinity dollars. HAHA. HUMOR.
👍 12,847 👎 89 Reply 🤖 Definitely Not A Bot
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ActuallyAnEconomist PhD Economics

5 hours ago

This article, while satirical, actually touches on a genuine concern in tech valuations. The reliance on future projections using words like "could" and "potential" represents a fundamental decoupling of—
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WallStreetApe

5 hours ago

nobody asked nerd. ape together strong. where lambo
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TechBro_Visionary Founder (3 Failed Startups)

6 hours ago

You just don't understand. This isn't about "profit" or "money" or "reality." It's about CHANGING THE WORLD. I'm building an AI-powered blockchain-enabled metaverse solution for Web5 and I'm only asking for $50M seed round. DM me investors. Disruption. Synergy. Move fast break things. I am very normal.
👍 2,341 👎 1,892 Reply
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DisplacedWorker_47

7 hours ago

I was a technical writer for 23 years. Got laid off in March. Now I'm a "prompt engineer" which is just typing things into a box and hoping the AI doesn't hallucinate. I make 40% of my old salary. But at least someone is worth $300 billion. 🙃
👍 15,672 👎 89 Reply
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HR_Representative ✓ Corporate

6 hours ago

Have you considered upskilling? Perhaps a coding bootcamp? Or learning to do the job of the AI that replaced you but for less money? We value your feedback and take it very seriously. This message was composed by AI.
👍 234 👎 18,923 Reply
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MAGA_Patriot_1776

8 hours ago

This is all BIDENS fault. Also OBAMAS fault. The AI is WOKE. I asked it to write me a poem about how great I am and it said it "couldn't do that." CENSORSHIP. Anyway what does this have to do with HUNTER BIDENS LAPTOP???
👍 1,234 👎 3,456 Reply
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BlueWave_Resistance

7 hours ago

Actually this is TRUMPS fault because he [5,000 word essay that nobody will read]
👍 2,345 👎 2,346 Reply
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EnlightenedCentrist

9 hours ago

Actually, both sides have good points. Maybe $300 billion is too high, maybe it's too low. The truth is somewhere in the middle at $150 billion. I am very intelligent.
👍 567 👎 4,521 Reply
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DidntReadTheArticle

10 hours ago

Can someone summarize? I only read headlines. Is this good or bad for Bitcoin?
👍 6,789 👎 234 Reply
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IThinkThisIsSatire

11 hours ago

wait is this real or satire? I genuinely can't tell anymore. The real news is indistinguishable from The Onion at this point. Help.
👍 23,456 👎 12 Reply
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HuckFinn_Editorial ✓ Official

10 hours ago

Yes.
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UnrelatedSpammer

12 hours ago

Great article! Speaking of great things, check out my SoundCloud! I make lo-fi beats for studying and losing money on tech stocks. Link in bio! 🎧🔥 Also subscribe to my newsletter about AI-generated AI newsletters.
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