# Gary Marcus says Anthropic's draft S-1 leaves out key Q3 details

> Original title: What Anthropic left out of their draft S-1

- Source: Marcus on AI
- Published: 2026-10-26T17:57:52.000Z
- Bad Influence: https://badinfluence.news/items/gvl0iqhr7hc324k6w9j4wv5kn
- Original: https://garymarcus.substack.com/p/what-anthropic-left-out-of-their

## Summary

Gary Marcus says Anthropic's draft S-1 filing omits Q3 figures in some places. He had planned to watch whether the filing disclosed changes in demand after tokenmaxxing declined and cheaper alternative models gained popularity.