this post was submitted on 20 Oct 2026
1094 points (99.5% liked)

Technology

89070 readers
3420 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 3 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
1094
Anthropic logged net loss of over $80 billion in first half of 2026 (www.reuters.com)
submitted 6 days ago by panos@catodon.rocks to c/technology@lemmy.world
335 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Microtonal_Banana@lemmy.zip 43 points 5 days ago (2 children)

This IPO is going to be one of the biggest rug pulls in history.

[–] ElChinchilla@lemmy.world 32 points 5 days ago

Yes. If you follow the money, investors in OpenAI are the usual suspects, a Kushner in there (admittedly the "best" kushner) and the early investors were guaranteed returns of up to 18% (bank CD currently around 5.3%) which stemmed from a $500B injection from the US government. Not only will it be a rug pull, but a government built one. Truly appaling, we let the fox in the henhouse.

Cant have Healthcare for our people, but can pump and dump the world economy.

[–] sirico@feddit.uk 12 points 5 days ago

So far