What Anthropic's IPO roadshow reveals by what it avoids

Let's lay out some data first. Anthropic didn't discuss financial details in early IPO investor meetings, but its valuation has already placed it as the world's most valuable AI startup, pushing OpenAI behind. Another figure is its performance in prediction markets, with stock prices up over 10%. And one often overlooked point: Anthropic signed a massive data center compute deal with Bitcoin miner Riot Platforms. Put these three together, and the strategy is clear: This company is proving its worth through sheer infrastructure scale.