““We believe that companies that train the best 2025/26 models will be too far ahead for anyone to catch up in subsequent cycles.””
Anthropic’s Series C deck asks for up to $5 billion and promises a model 10 times more capable than today’s best, at a billion dollars over 18 months. The safety lab founded over OpenAI’s commercial focus now pitches models that “could begin to automate large portions of the economy.” The lead investor of its $580 million Series B was Alameda Research, the FTX sister firm. Winner-take-all is the oldest line in a pitch deck.