FT analysis says Anthropic's IPO depends on investor fear of missing out

The Financial Times argues that Anthropic's IPO will depend on whether fund managers fear missing out on AI gains more than they fear losses, according to a post by Rohan Paul (@rohanpaul_ai) sharing the piece.

Paul says the FT compares current AI debt and non-cancellable compute commitments, which total $2.1 trillion, with the $1.3 trillion of outstanding subprime mortgages in 2007. The report is a secondhand summary of the FT's argument, and the post does not include the FT's own figures or sourcing.