Submitted by QTR's Fringe Finance
Steve Eisman, the investor made famous by The Big Short for recognizing the subprime mortgage disaster before much of Wall Street, is now accusing Anthropic of deliberately withholding its latest quarterly financial statements from investors ahead of its potentially $2 trillion IPO.
Speaking Wednesday on Prof G Markets, Eisman questioned why Anthropic’s October 26 prospectus contained financial statements only through June, despite more recent information suggesting the company’s explosive growth may already be losing momentum, according to the podcast and Yahoo.
Asked whether he believed the omission was deliberate, Eisman answered: “Only very intentional.”
That’s a pretty serious allegation, particularly coming from somebody whose reputation was built on recognizing financial absurdities that the rest of Wall Street was perfectly content to ignore. And it dovetails almost perfectly with what I’ve been arguing about the AI bubble for months.
On September 29, I published It’s Official: The AI Emperor Has No Clothes, examining Anthropic’s extraordinary losses, its enormous infrastructure commitments, and the g
