Six Anthropic investors expect an October 2026 IPO at $2 trillion-plus, but early spending data shows Fable 5 generating about 75% of the token spending that OpenAI's GPT-5.6 Sol does. The tension: IPO forecasts rely on surging demand for Anthropic's premium models. Which signal will public markets price? https://www.implicator.ai/anthropic-ipo-fable-5-spending-lags-gpt-5-6-sol/ #AI #markets #pricing
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