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Research Firm Calls Anthropic's IPO 'Unprecedented Test of Investor Gullibity'

L2 · PractitionerIndustry & BusinessHacker News· 10/12/2026

Provides critical analysis of AI company valuations that daily AI tool users should understand when evaluating market trends.

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Research firm New Constructs calls Anthropic's $2 trillion IPO bid 'the most ridiculous of 2026' and warns it lacks a viable business model amid open-source competition.

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