2h ago

Paul Graham argues Anthropic's projected $1 trillion valuation reflects expectations that foundation model makers will capture most of the tech ecosystem

Gauntlet AI's Austen Allred compared Anthropic to Google's financials.

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Original post
OPAusten Allred#1540Austen Allred@AUSTEN

Kind of crazy for Anthropic to be approaching $1 Trillion valuations when all of Google (including search, cloud, Android and by the way Gemini), is pulling in $425 Billion in annual revenue and is only worth $4.7 Trillion

2:59 PM · May 27, 2026 View on X
REPLYPaul Graham#78Paul Graham@PAULG

@Austen It's a bet on the model companies ending up owning everything. Which is not inconceivable.

Austen AllredAusten Allred@Austen

Kind of crazy for Anthropic to be approaching $1 Trillion valuations when all of Google (including search, cloud, Android and by the way Gemini), is pulling in $425 Billion in annual revenue and is only worth $4.7 Trillion

9:59 PM · May 27, 2026 · 35.9K Views
10:02 PM · May 27, 2026 · 30.2K Views
Paul Graham argues Anthropic's projected $1 trillion valuation reflects expectations that foundation model makers will capture most of the tech ecosystem · Digg