Anthropic's IPO, which could raise $100bn at a $2tn valuation, is being treated as a real-time test of whether the AI boom is a bubble.
Anthropic's S-1 shows an $80bn net loss, largely from a convertible debt accounting quirk, alongside $16.3bn in first-half revenue and growth that slowed to 44 percent in the third quarter.
Rob Copeland reports that Billy Evans's blood testing startup Haemanthus raised only about $3m and has a single identified investor, a friend who runs a tapas restaurant in Austin.
Copeland says Evans's USDA letter, presented as proof of lighter regulation, was rejected by the USDA, which said it did not mean that.
Hard Fork is a New York Times tech podcast where reporters Kevin Roose and Casey Newton, two friends, talk through the week's biggest tech stories with a bit of gossip.
The show has hosted major tech figures, including Google's CEO, alongside school teachers, college professors and listeners with real tech problems.