In 2023, Anthropic shocked the tech industry with its initial public offering worth 20 billion US dollars. Founded by AI scientists and engineers, the company focuses on developing AI systems capable of understanding human intentions. Its core product is the Claude series of large language models, including Claude 3.5 and Claude 3.5 Sonnet, the latter of which excels in logical reasoning, code generation, mathematical calculations, and language understanding. However, Anthropic faces a fundamental dilemma: its models’ capabilities far exceed current market costs, yet user willingness to pay remains low. This mismatch between supply and demand has prompted industry-wide reflection on AI pricing mechanisms, value measurement standards, and corporate profit models.
# The largest IPO in history still has to wait: What’s wrong with Anthropic?
## Background: The rise of Anthropic
In 2023, Anthropic shocked the tech industry with a $20 billion initial public offering (IPO). As a pioneer in the field of AI, the company was founded by AI scientists and engineers, focusing on developing AI systems capable of understanding human intentions.
## Core issue: The gap between model capabilities and costs
Anthropic’s core product is the **Claude series large language models**, including:
- **Claude 3.5**: The latest model, featuring powerful logical reasoning, code generation, and complex task processing capabilities.
- **Claude 3.5 Sonnet**: Exceedingly proficient in logical reasoning, code generation, mathematical calculations, and language understanding.
However, Anthropic faces a fundamental contradiction: **The model capabilities far exceed current market costs, but users…**