Anthropic’s $2 Trillion IPO Is ‘Nuts’ Says Devere Amid Warning of Risks to Savers

Anthropic’s proposed initial public offering could expose savers to substantial financial risks through their investment funds, Devere Group CEO Nigel Green warned Monday. His criticism targets a potential $2 trillion valuation, computing obligations, and limited shareholder control. Millions of savers could indirectly own Anthropic shares through index funds and pensions, Nigel Green, CEO of financial advisory firm Devere Group, warned in an Oct. 26 statement supplied to Bitcoin.com News. His concerns center on who bears the costs if artificial intelligence spending outpaces revenue.

Source: Bitcoin.com News