Better Offline
Monologue: Anthropic Lost $8bn In 2025, Was A Worse Business Than OpenAI

Monologue: Anthropic Lost $8bn In 2025, Was A Worse Business Than OpenAI

Better Offline

September 30, 20267:52

About this episode

<p>In this week's Better Offline, Ed Zitron walks through Anthropic&rsquo;s 2025 financials, covering how it spent $2.75 to make a dollar, and how it was, at least last year, a worse business than OpenAI.<br><br>Dead Money: https://www.wheresyoured.at/dead-money/<br>Anthropic story from Reuters: https://www.reuters.com/business/finance/anthropics-ipo-prospectus-shows-sweeping-ai-vision-surging-costs-2026-09-28/ </p> <p>Save $10 off a year of my premium newsletter: <a href="https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/gzqwkv54e1">https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/gzqwkv54e1</a></p> <p>YOU CAN NOW BUY BETTER OFFLINE MERCH! Go to&nbsp;<a href="https://cottonbureau.com/people/better-offline">https://cottonbureau.com/people/better-offline</a> and use code&nbsp;<strong>FREE99</strong> for free shipping on orders of $99 or more.</p> <p>---</p> <p>LINKS: <a href="https://www.tinyurl.com/betterofflinelinks">https://www.tinyurl.com/betterofflinelinks</a></p> <p>Newsletter: <a href="https://www.wheresyoured.at/">https://www.wheresyoured.at/</a></p> <p>Reddit: <a href="https://www.reddit.com/r/BetterOffline/">https://www.reddit.com/r/BetterOffline/</a>&nbsp;</p> <p>Discord: <a href="https://discord.com/invite/QUUQUP9szv">chat.wheresyoured.at</a></p> <p>Ed's Socials:</p> <p><a href="https://twitter.com/edzitron">https://twitter.com/edzitron</a></p> <p><a href="https://www.instagram.com/edzitron">https://www.instagram.com/edzitron</a></p> <p><a href="https://bsky.app/profile/edzitron.com">https://bsky.app/profile/edzitron.com</a></p> <p><a href="https://www.threads.net/@edzitron">https://www.threads.net/@edzitron</a></p> <p>Email Me: <a href="mailto:ez@betteroffline.com">ez@betteroffline.com</a></p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>