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Haircut No. 2: Anthropic IPO Talk Slides To $1.2 Trillion As AI Rout Crushes Odds Of A November Listing
Haircut No. 2: Anthropic IPO Talk Slides To $1.2 Trillion As AI Rout Crushes Odds Of A November Listing
Keeps going lower.Three weeks ago we reported that Anthropic IPO investors had marked the valuation from $2 trillion down to $1.5 trillion as the growth slowdown sank in. This morning, Bloomberg reports that the price tag has been cut again: after Thursday's AI bloodbath, some potential backers are now discussing a value as low as $1.2 trillion for the company, a person familiar told the news agency (deliberations are "ongoing," no...
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DOGE Alumni Launch AI Startup To Target Waste On Main Street - And Already Have Their First Target
DOGE Alumni Launch AI Startup To Target Waste On Main Street - And Already Have Their First Target
Two alumni of the Department of Government Efficiency are bringing their cost-cutting experience from Washington to the private sector, launching Special, a startup that aims to harness artificial intelligence to wring inefficiencies out of what it describes as America's $10 trillion Main Street services economy.
Nate Cavanaugh and Justin Fox spent much of 2025 at DOGE, where they spearheaded the Small Agencies team. Their government stint, under the high-profile effort led by SpaceX...
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