ANTHROPIC Anthropic (private)
Depreciation Integrity 48
Capex-vs-Demand Gap 81
Insider-Selling Intensity 17
Financing Opacity / Circular Leverage 88
Energy & Diminishing Returns 63
Organic End-User Demand 38
Convergence Flag: ACTIVE
RED: Indicator 4 (circular financing: all three major investors are primary compute vendors; $130B+ committed cloud spend to same investors). Indicator 2 (burn vs. revenue: ~$125B raised over 4 years; $100B+ in future cloud obligations; history of deep losses). AMBER–RED: Indicator 5 (compute efficiency: Claude Code economics deeply underwater at $5,000 compute per $200/month plan; improving bu...
Last updated:
Deep Dossier in Progress

The scored backbone above is sourced from primary filings. The full investigative dossier — claim-by-claim audit, inversion analysis, primary paper trail — is being authored. This page updates as evidence lands. No claims are fabricated or inferred here; only data the engine already holds is shown.

Key Metrics (engine data)

Status:1Verified sheet
Latest valuation:$965BVerified sheet
Total funding raised:$125BVerified sheet
Revenue run-rate (latest):$45BVerified sheet