Re:Anthropic reportedly preparing for $300B IPO
by beambot on Thursday December 04, 2025 @12:42AM
(#46144175)
Echoes of Enron-style accounting "tricks"...
Re:Anthropic reportedly preparing for $300B IPO
by vasco on Thursday December 04, 2025 @02:14AM
(#46144691)
Amazon gave away datacenter time share in exchange for stock in a startup. That has nothing to do with electricity futures and private credit revolvers.
Re:Anthropic reportedly preparing for $300B IPO
by BoorishBears on Thursday December 04, 2025 @04:18AM
(#46145477)
They said echoes of the tricks.
Re:Anthropic reportedly preparing for $300B IPO
by vasco on Friday December 05, 2025 @02:58AM
(#46157842)
I've read thousands of pages of Enron history, this has nothing to do with it.
Re:Anthropic reportedly preparing for $300B IPO
by stingraycharles on Thursday December 04, 2025 @06:06AM
(#46146225)
Why does everybody keep insisting on this “Enron accounting” stuff. LLM companies need shitloads of compute for specialized use case. Cloud vendor wants to become a big player in selling compute for that specialized use case, and has compute available.
Cloud provider gives credit to LLM provider in exchange for a part of the company.
These are really normal business deals.
Like if I offered you $8 billion in soft serve ice cream so long as you keep bringing birthday parties to my bowling alley. The moment the music stops and the parents want their children back, it’s not like I’m out $8 billion.