> It was supposed to keep growing exponentially
1. Did Anthropic say revenue would grow exponentially?
> This is up 46% from last quarter
2. From googling, their target is 195B for 2028, so they’d need ~15% growth per period going forward to hit that?
I think as the pool of new adopters shrinks and the pool of advanced adopters grows, the spending on LLMs will start to fall.
There's no doubt AI companies can be profitable and bring value, but anthropic and OAI are horrifically over-valued at the moment, and there is no credible read that currently signals engaging in trade of these companies stock is anything other than engaging in greater fool theory.