Anthropic’s $2 trillion IPO prospectus has leaked—here’s a snapshot of its income statements

· Fortune

Good morning. On Fortune’s radar today:

  • Anthropic’s $2 trillion IPO prospectus leaked.
  • Markets: Oil and bonds are driving the drama.
  • The equity risk premium on stocks over bonds has collapsed.
  • Private credit lenders are girding for trouble.
  • What would happen if they closed the Panama Canal?
  • AI hyperscalers need $300 billion in revenue to cover their costs.
  • Stinking rich: The infamously smelly durian fruit is a $7.4 billion industry.

This story was originally featured on Fortune.com

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